KCM Investment Advisors LLC Has $8.77 Million Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

KCM Investment Advisors LLC lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,401 shares of the exchange traded fund’s stock after selling 357 shares during the quarter. KCM Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,773,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. First Foundation Advisors boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 28.5% during the 1st quarter. First Foundation Advisors now owns 699 shares of the exchange traded fund’s stock valued at $389,000 after acquiring an additional 155 shares in the last quarter. &PARTNERS increased its position in SPDR S&P MidCap 400 ETF Trust by 14.3% in the 2nd quarter. &PARTNERS now owns 1,134 shares of the exchange traded fund’s stock valued at $607,000 after buying an additional 142 shares in the last quarter. Brighton Jones LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 25.6% in the 2nd quarter. Brighton Jones LLC now owns 2,047 shares of the exchange traded fund’s stock valued at $1,095,000 after buying an additional 417 shares in the last quarter. Orion Portfolio Solutions LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 7.5% in the 1st quarter. Orion Portfolio Solutions LLC now owns 1,447 shares of the exchange traded fund’s stock valued at $805,000 after buying an additional 101 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its position in SPDR S&P MidCap 400 ETF Trust by 5.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 146,894 shares of the exchange traded fund’s stock valued at $78,600,000 after buying an additional 8,182 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.7 %

MDY stock traded down $4.44 during mid-day trading on Friday, reaching $588.22. 246,104 shares of the company traded hands, compared to its average volume of 827,809. The stock has a market cap of $23.25 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.42 and a fifty-two week high of $609.69. The firm’s 50 day moving average price is $571.32 and its 200 day moving average price is $553.58.

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.