Arcadia Investment Management Corp MI Decreases Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Arcadia Investment Management Corp MI trimmed its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 22.0% during the 3rd quarter, Holdings Channel reports. The fund owned 540 shares of the exchange traded fund’s stock after selling 152 shares during the period. Arcadia Investment Management Corp MI’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $308,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of MDY. Ridgewood Investments LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $25,000. Ruedi Wealth Management Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $26,000. Addison Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $27,000. DiNuzzo Private Wealth Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth approximately $28,000. Finally, Chris Bulman Inc purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $30,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $566.79 on Friday. The company has a market cap of $22.40 billion, a P/E ratio of 15.70 and a beta of 1.09. The business’s 50 day moving average price is $564.84 and its 200-day moving average price is $549.38. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $439.14 and a fifty-two week high of $585.50.

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.