SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Stock Position Lowered by Wealth Alliance Advisory Group LLC

Wealth Alliance Advisory Group LLC lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 20.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 31,761 shares of the exchange traded fund’s stock after selling 7,991 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises approximately 3.8% of Wealth Alliance Advisory Group LLC’s holdings, making the stock its 5th biggest holding. Wealth Alliance Advisory Group LLC owned about 0.08% of SPDR S&P MidCap 400 ETF Trust worth $16,995,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in MDY. Ridgewood Investments LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth $25,000. Ruedi Wealth Management Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth $38,000. Toth Financial Advisory Corp increased its stake in SPDR S&P MidCap 400 ETF Trust by 68.2% during the 1st quarter. Toth Financial Advisory Corp now owns 74 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 30 shares during the period. Finally, Family Firm Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth $42,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $565.30 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $424.22 and a 12-month high of $574.11. The company has a market capitalization of $22.34 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The firm’s fifty day moving average price is $546.56 and its 200 day moving average price is $540.03.

About SPDR S&P MidCap 400 ETF Trust

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.