Lodestar Private Asset Management LLC reduced its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 23.9% in the third quarter, Holdings Channel.com reports. The firm owned 8,832 shares of the exchange traded fund’s stock after selling 2,776 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,800,000 at the end of the most recent reporting period.
Several other institutional investors have also recently modified their holdings of the company. Financial & Tax Architects LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at approximately $4,743,000. Kestra Advisory Services LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 42.8% during the first quarter. Kestra Advisory Services LLC now owns 37,293 shares of the exchange traded fund’s stock worth $23,001,000 after acquiring an additional 11,174 shares in the last quarter. Kintra Wealth LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 91.4% during the second quarter. Kintra Wealth LLC now owns 1,719 shares of the exchange traded fund’s stock worth $1,228,000 after acquiring an additional 821 shares in the last quarter. Passaic Partners LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth approximately $19,331,000. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 120.1% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 3,832 shares of the exchange traded fund’s stock worth $2,695,000 after acquiring an additional 2,091 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $667.89 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $568.21 and a 52-week high of $717.35. The stock has a market capitalization of $25.94 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01. The company has a fifty day moving average of $674.87 and a 200-day moving average of $665.31.
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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.
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