SPDR S&P MidCap 400 ETF Trust $MDY Shares Sold by IFG Advisors LLC

IFG Advisors LLC reduced its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,719 shares of the exchange traded fund’s stock after selling 1,284 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises 4.5% of IFG Advisors LLC’s portfolio, making the stock its 8th largest holding. IFG Advisors LLC owned about 0.12% of SPDR S&P MidCap 400 ETF Trust worth $27,846,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Activest Wealth Management boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 125.0% during the 3rd quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 30 shares in the last quarter. Brown Lisle Cummings Inc. boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 110.0% during the third quarter. Brown Lisle Cummings Inc. now owns 63 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 33 shares in the last quarter. CoreFirst Bank & Trust acquired a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter worth approximately $40,000. Cloud Capital Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at $41,000. Finally, ST Germain D J Co. Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $42,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 3.2%

MDY opened at $655.32 on Friday. The firm has a market cap of $25.44 billion, a PE ratio of 18.98 and a beta of 1.06. The business has a fifty day simple moving average of $622.07 and a 200-day simple moving average of $601.87. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $656.03.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.