Certuity LLC Lowers Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Certuity LLC cut its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,162 shares of the exchange traded fund’s stock after selling 634 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for about 1.4% of Certuity LLC’s portfolio, making the stock its 19th biggest position. Certuity LLC owned approximately 0.08% of SPDR S&P MidCap 400 ETF Trust worth $17,209,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Ridgewood Investments LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $25,000. Ruedi Wealth Management Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at approximately $26,000. Addison Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $27,000. Chris Bulman Inc purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $38,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 1.3 %

Shares of NYSEARCA MDY opened at $537.95 on Friday. The stock has a fifty day simple moving average of $548.09 and a two-hundred day simple moving average of $541.21. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $424.22 and a 1-year high of $574.11. The firm has a market cap of $21.26 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.

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.