Adero Partners LLC Has $935,000 Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Adero Partners LLC reduced its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,642 shares of the exchange traded fund’s stock after selling 92 shares during the period. Adero Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $935,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. &PARTNERS increased 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 valued at $607,000 after buying an additional 142 shares during the last quarter. Brighton Jones LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 25.6% in the 2nd quarter. Brighton Jones LLC now owns 2,047 shares of the exchange traded fund’s stock valued at $1,095,000 after buying an additional 417 shares during the last quarter. Orion Portfolio Solutions LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 7.5% in the 1st quarter. Orion Portfolio Solutions LLC now owns 1,447 shares of the exchange traded fund’s stock valued at $805,000 after acquiring an additional 101 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 5.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 146,894 shares of the exchange traded fund’s stock valued at $78,600,000 after acquiring an additional 8,182 shares during the period. Finally, Private Advisor Group LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% in the 2nd quarter. Private Advisor Group LLC now owns 13,007 shares of the exchange traded fund’s stock valued at $6,960,000 after acquiring an additional 114 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY opened at $586.13 on Friday. The firm has a 50-day moving average of $572.29 and a 200-day moving average of $554.18. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.42 and a one year high of $609.69. The company has a market cap of $23.16 billion, a PE 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.