Trifecta Capital Advisors LLC Cuts Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Trifecta Capital Advisors LLC reduced its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,614 shares of the exchange traded fund’s stock after selling 214 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for about 2.5% of Trifecta Capital Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Trifecta Capital Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $11,743,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Granite Bay Wealth Management LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 6,346.6% during the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock valued at $1,136,513,000 after acquiring an additional 2,080,665 shares during the last quarter. Bank of Montreal Can grew its holdings in SPDR S&P MidCap 400 ETF Trust by 3.5% during the 2nd quarter. Bank of Montreal Can now owns 504,716 shares of the exchange traded fund’s stock valued at $269,741,000 after purchasing an additional 17,125 shares during the last quarter. Raymond James & Associates raised its position in SPDR S&P MidCap 400 ETF Trust by 2.9% in the 2nd quarter. Raymond James & Associates now owns 367,233 shares of the exchange traded fund’s stock worth $196,499,000 after purchasing an additional 10,447 shares during the period. Strategic Financial Concepts LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 41,522.2% in the second quarter. Strategic Financial Concepts LLC now owns 237,663 shares of the exchange traded fund’s stock worth $127,169,000 after purchasing an additional 237,092 shares during the last quarter. Finally, Global Assets Advisory LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at approximately $122,938,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY opened at $583.78 on Friday. The stock’s 50 day moving average price is $559.59 and its 200-day moving average price is $546.86. SPDR S&P MidCap 400 ETF Trust has a one year low of $424.22 and a one year high of $585.50. The stock has a market cap of $23.07 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.