Saxony Capital Management LLC Decreases Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Saxony Capital Management LLC reduced its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 84.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 365 shares of the exchange traded fund’s stock after selling 2,036 shares during the quarter. Saxony Capital Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $208,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in MDY. Thrivent Financial for Lutherans grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 16.0% in the 2nd quarter. Thrivent Financial for Lutherans now owns 2,719 shares of the exchange traded fund’s stock worth $1,455,000 after buying an additional 376 shares during the last quarter. Marshall Wace LLP purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter worth $402,000. NewEdge Advisors LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 25.2% in the second quarter. NewEdge Advisors LLC now owns 6,523 shares of the exchange traded fund’s stock valued at $3,490,000 after acquiring an additional 1,312 shares in the last quarter. Truist Financial Corp increased its position in SPDR S&P MidCap 400 ETF Trust by 1.0% during the 2nd quarter. Truist Financial Corp now owns 103,975 shares of the exchange traded fund’s stock valued at $55,635,000 after purchasing an additional 987 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth $4,173,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY opened at $596.41 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $495.53 and a 1 year high of $624.13. The stock has a market capitalization of $23.57 billion, a P/E ratio of 15.70 and a beta of 1.09. The company’s 50-day moving average is $590.36 and its 200 day moving average is $573.31.

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.