SPDR S&P MidCap 400 ETF Trust $MDY Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 18.7% during the first quarter, Holdings Channel.com reports. The institutional investor owned 7,412 shares of the exchange traded fund’s stock after selling 1,706 shares during the period. Modera Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,571,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sound Income Strategies LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 177.8% during the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 32 shares during the last quarter. High Point Wealth Management LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at approximately $34,000. EFG International AG purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at $40,000. Ascentis Independent Advisors purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 255.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 51 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $688.75 on Friday. The company’s fifty day moving average price is $683.37 and its 200-day moving average price is $654.04. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $559.89 and a 1-year high of $704.45. The firm has a market capitalization of $26.88 billion, a P/E ratio of 18.98 and a beta of 1.00.

SPDR S&P MidCap 400 ETF Trust Company Profile

SPDR S&P MidCap 400 ETF is an exchange traded fund. SPDR MidCap 400 Trust focuses to correspond to the price and yield performance of the S&P MidCap 400 Index. The S&P MidCap 400 covers over 7% of the United States equities market, and is part of a series of S&P the United States indices. The index also includes companies, which should have four consecutive quarters of positive as-reported earnings, excluding discontinued operations and extraordinary items. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.