Woodmont Investment Counsel LLC Cuts Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Woodmont Investment Counsel LLC lessened its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 803 shares of the exchange traded fund’s stock after selling 22 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $457,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MDY. Avantax Advisory Services Inc. grew its position in SPDR S&P MidCap 400 ETF Trust by 4.5% during the 1st quarter. Avantax Advisory Services Inc. now owns 21,291 shares of the exchange traded fund’s stock worth $11,846,000 after purchasing an additional 921 shares during the last quarter. First Foundation Advisors grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 28.5% during the first quarter. First Foundation Advisors now owns 699 shares of the exchange traded fund’s stock valued at $389,000 after buying an additional 155 shares during the last quarter. WealthPLAN Partners LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 14.5% in the 1st quarter. WealthPLAN Partners LLC now owns 1,339 shares of the exchange traded fund’s stock valued at $745,000 after acquiring an additional 170 shares during the period. &PARTNERS raised its stake in SPDR S&P MidCap 400 ETF Trust by 14.3% in the 2nd quarter. &PARTNERS now owns 1,134 shares of the exchange traded fund’s stock worth $607,000 after acquiring an additional 142 shares during the last quarter. Finally, Brighton Jones LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 25.6% during the 2nd quarter. Brighton Jones LLC now owns 2,047 shares of the exchange traded fund’s stock worth $1,095,000 after acquiring an additional 417 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $599.41 on Friday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $439.81 and a fifty-two week high of $603.21. The company has a market cap of $23.69 billion, a PE ratio of 15.70 and a beta of 1.09. The business’s 50-day simple moving average is $566.03 and its two-hundred day simple moving average is $550.74.

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.