SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Sold by Flynn Zito Capital Management LLC

Flynn Zito Capital Management LLC trimmed its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 15.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,096 shares of the exchange traded fund’s stock after selling 193 shares during the quarter. Flynn Zito Capital Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $587,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of MDY. Ridgewood Investments LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $25,000. Ruedi Wealth Management Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth $26,000. Addison Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at $38,000. Finally, Toth Financial Advisory Corp boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 68.2% in the first quarter. Toth Financial Advisory Corp now owns 74 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 30 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY opened at $538.00 on Friday. The business’s 50-day moving average is $548.09 and its two-hundred day moving average is $541.01. The company has a market capitalization of $21.26 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $424.22 and a fifty-two week high of $574.11.

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.