Davies Financial Advisors Inc. Has $731,000 Stock Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Davies Financial Advisors Inc. reduced its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 10.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,290 shares of the exchange traded fund’s stock after selling 150 shares during the quarter. Davies Financial Advisors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $731,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hancock Prospecting Pty Ltd bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at approximately $1,533,856,000. Kingstone Capital Partners Texas LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $1,584,523,000. Atlantic Union Bankshares Corp bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $51,517,000. Starr Indemnity & Liability Co bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at $35,957,000. Finally, Midwest Trust Co acquired a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter worth $36,377,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 1.9%

SPDR S&P MidCap 400 ETF Trust stock opened at $587.38 on Friday. The firm has a market capitalization of $23.15 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06. The firm’s fifty day moving average price is $596.05 and its two-hundred day moving average price is $576.89. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $624.13.

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.