SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lessened its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,430 shares of the exchange traded fund’s stock after selling 262 shares during the period. Prime Capital Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,523,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.2% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock valued at $886,000 after purchasing an additional 18 shares during the last quarter. Asset Management Group Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 0.4% during the second quarter. Asset Management Group Inc. now owns 4,864 shares of the exchange traded fund’s stock worth $2,603,000 after acquiring an additional 19 shares during the last quarter. SPC Financial Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 3.2% during the third quarter. SPC Financial Inc. now owns 619 shares of the exchange traded fund’s stock worth $353,000 after acquiring an additional 19 shares during the last quarter. Pacific Sun Financial Corp increased its stake in SPDR S&P MidCap 400 ETF Trust by 1.8% during the second quarter. Pacific Sun Financial Corp now owns 1,140 shares of the exchange traded fund’s stock worth $610,000 after acquiring an additional 20 shares during the last quarter. Finally, Bristlecone Advisors LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 0.3% during the second quarter. Bristlecone Advisors LLC now owns 6,374 shares of the exchange traded fund’s stock worth $3,410,000 after acquiring an additional 20 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.6 %

MDY stock opened at $597.88 on Thursday. The business has a fifty day moving average of $569.40 and a two-hundred day moving average of $553.00. The stock has a market cap of $23.63 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $454.86 and a 52-week high of $609.69.

About SPDR S&P MidCap 400 ETF Trust

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.