SPDR S&P MidCap 400 ETF Trust $MDY Stock: Revolve Wealth Partners LLC Lowers Stake

Revolve Wealth Partners LLC reduced its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 35.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,354 shares of the exchange traded fund’s stock after selling 1,295 shares during the quarter. Revolve Wealth Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,546,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 903,341 shares of the exchange traded fund’s stock valued at $635,355,000 after purchasing an additional 38,573 shares in the last quarter. Whittier Trust Co. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 4.0% in the 1st quarter. Whittier Trust Co. now owns 133,073 shares of the exchange traded fund’s stock valued at $83,197,000 after purchasing an additional 5,097 shares during the period. Montag A & Associates Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.6% in the 1st quarter. Montag A & Associates Inc. now owns 104,126 shares of the exchange traded fund’s stock valued at $64,378,000 after purchasing an additional 660 shares during the period. Envestnet Asset Management Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 11.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 89,737 shares of the exchange traded fund’s stock worth $63,115,000 after purchasing an additional 9,210 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in SPDR S&P MidCap 400 ETF Trust by 2.9% during the 1st quarter. Cetera Investment Advisers now owns 89,367 shares of the exchange traded fund’s stock worth $55,118,000 after purchasing an additional 2,533 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY stock opened at $660.16 on Monday. The company has a market capitalization of $25.64 billion, a P/E ratio of 18.98 and a beta of 1.01. The company’s 50 day moving average price is $676.35 and its two-hundred day moving average price is $679.11. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $568.21 and a 52 week high of $717.35.

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