Linscomb Wealth Inc. Has $8.05 Million Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Linscomb Wealth Inc. decreased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 26.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,124 shares of the exchange traded fund’s stock after selling 4,988 shares during the period. Linscomb Wealth Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,046,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of MDY. First Foundation Advisors lifted 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 acquiring an additional 155 shares during the period. &PARTNERS grew its position in shares of 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 purchasing an additional 142 shares during the period. Brighton Jones LLC grew its position in shares of 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 purchasing an additional 417 shares during the period. Orion Portfolio Solutions LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 7.5% during the 1st quarter. Orion Portfolio Solutions LLC now owns 1,447 shares of the exchange traded fund’s stock worth $805,000 after acquiring an additional 101 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its position in SPDR S&P MidCap 400 ETF Trust by 5.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 146,894 shares of the exchange traded fund’s stock worth $78,600,000 after acquiring an additional 8,182 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 1.1 %

Shares of SPDR S&P MidCap 400 ETF Trust stock traded down $6.58 on Friday, reaching $586.08. 307,340 shares of the company were exchanged, compared to its average volume of 827,900. 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 capitalization of $23.16 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The company has a 50-day moving average of $571.32 and a 200 day moving average of $553.58.

SPDR S&P MidCap 400 ETF Trust Profile

(Free Report)

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.

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