Wealth Architects LLC Sells 337 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Wealth Architects LLC reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 30.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 765 shares of the exchange traded fund’s stock after selling 337 shares during the period. Wealth Architects LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $436,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Ridgewood Investments LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter worth approximately $25,000. Addison Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth $27,000. DiNuzzo Private Wealth Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter valued at $28,000. Chris Bulman Inc bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at about $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $38,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $600.43 on Thursday. The stock has a market cap of $23.73 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The firm’s 50-day moving average is $566.03 and its two-hundred day moving average is $550.74. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $439.81 and a 1 year high of $600.88.

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.