Connecticut Wealth Management LLC Cuts Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Connecticut Wealth Management LLC cut its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.9% during the 1st quarter, HoldingsChannel reports. The firm owned 4,953 shares of the exchange traded fund’s stock after selling 44 shares during the quarter. Connecticut Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,756,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in MDY. FMR LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 4.2% in the third quarter. FMR LLC now owns 21,252 shares of the exchange traded fund’s stock valued at $9,705,000 after purchasing an additional 854 shares during the period. Qube Research & Technologies Ltd acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter valued at about $4,396,000. Alpine Global Management LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 246.3% during the third quarter. Alpine Global Management LLC now owns 3,345 shares of the exchange traded fund’s stock valued at $1,527,000 after acquiring an additional 2,379 shares in the last quarter. Schonfeld Strategic Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter valued at about $928,000. Finally, Axxcess Wealth Management LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 4.2% during the third quarter. Axxcess Wealth Management LLC now owns 1,708 shares of the exchange traded fund’s stock valued at $780,000 after acquiring an additional 69 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.8 %

Shares of SPDR S&P MidCap 400 ETF Trust stock traded down $4.08 during trading hours on Friday, hitting $528.82. 924,418 shares of the company’s stock traded hands, compared to its average volume of 886,487. The stock has a 50 day simple moving average of $538.79 and a 200-day simple moving average of $526.85. The company has a market cap of $20.90 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $424.22 and a twelve month high of $558.34.

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.