SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. cut its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 29.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,399 shares of the exchange traded fund’s stock after selling 3,050 shares during the period. Oppenheimer & Co. Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,215,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ridgewood Investments LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $25,000. Addison Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $27,000. DiNuzzo Private Wealth Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $28,000. Chris Bulman Inc acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth about $38,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.1 %

MDY opened at $586.13 on Friday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $458.42 and a twelve month high of $609.69. The company has a 50-day moving average price of $571.32 and a 200 day moving average price of $553.58. The company has a market cap of $23.16 billion, a PE ratio of 15.70 and a beta of 1.09.

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.