Assetmark Inc. Cuts Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Assetmark Inc. trimmed its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 61.8% during the 3rd quarter, Holdings Channel reports. The fund owned 92 shares of the exchange traded fund’s stock after selling 149 shares during the period. Assetmark Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $52,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MDY. Ridgewood Investments LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at $25,000. Addison Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $27,000. DiNuzzo Private Wealth Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $28,000. Chris Bulman Inc bought a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter worth approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $38,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $587.60 on Tuesday. The firm has a market capitalization of $23.22 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The business has a 50 day simple moving average of $573.23 and a 200-day simple moving average of $554.80. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $461.66 and a 1 year high of $609.69.

SPDR S&P MidCap 400 ETF Trust 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.