IFG Advisory LLC lowered its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 6.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,076 shares of the exchange traded fund’s stock after selling 358 shares during the period. IFG Advisory LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,716,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Ridgewood Investments LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth $25,000. Ruedi Wealth Management Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth $38,000. Toth Financial Advisory Corp raised its position in SPDR S&P MidCap 400 ETF Trust by 68.2% during the 1st quarter. Toth Financial Advisory Corp now owns 74 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 30 shares during the last quarter. Finally, Family Firm Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth $42,000.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.7 %
Shares of MDY traded up $4.11 during trading hours on Friday, reaching $565.30. The company had a trading volume of 636,771 shares, compared to its average volume of 858,290. The firm has a 50 day simple moving average of $546.56 and a 200-day simple moving average of $539.79. The company has a market capitalization of $22.34 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $424.22 and a 12-month high of $574.11.
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.
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