Howard Capital Management Inc. Has $8.90 Million Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Howard Capital Management Inc. lifted its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,642 shares of the exchange traded fund’s stock after purchasing an additional 216 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for approximately 0.9% of Howard Capital Management Inc.’s portfolio, making the stock its 12th biggest holding. Howard Capital Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,904,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Private Advisor Group LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 0.9% in the 2nd quarter. Private Advisor Group LLC now owns 13,007 shares of the exchange traded fund’s stock valued at $6,960,000 after purchasing an additional 114 shares during the period. Addison Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $27,000. Arcadia Investment Management Corp MI increased its stake in SPDR S&P MidCap 400 ETF Trust by 102.3% during the second quarter. Arcadia Investment Management Corp MI now owns 692 shares of the exchange traded fund’s stock valued at $370,000 after acquiring an additional 350 shares during the period. Arbor Trust Wealth Advisors LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 0.5% in the 2nd quarter. Arbor Trust Wealth Advisors LLC now owns 13,873 shares of the exchange traded fund’s stock valued at $7,451,000 after acquiring an additional 72 shares in the last quarter. Finally, Belpointe Asset Management LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 69.3% in the 2nd quarter. Belpointe Asset Management LLC now owns 6,127 shares of the exchange traded fund’s stock worth $3,279,000 after acquiring an additional 2,509 shares during the period.

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

MDY opened at $538.00 on Friday. The stock’s 50 day simple moving average is $548.09 and its 200-day simple moving average is $541.01. The stock has a market cap of $21.26 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $424.22 and a 1 year high of $574.11.

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.