Belpointe Asset Management LLC Reduces Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Belpointe Asset Management LLC reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 57.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 607 shares of the exchange traded fund’s stock after selling 833 shares during the period. Belpointe Asset Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $324,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in MDY. Hancock Prospecting Pty Ltd bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth approximately $1,533,856,000. GAMMA Investing LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 527,197.9% in the 1st quarter. GAMMA Investing LLC now owns 1,228,604 shares of the exchange traded fund’s stock valued at $655,436,000 after buying an additional 1,228,371 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in SPDR S&P MidCap 400 ETF Trust by 3.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 576,635 shares of the exchange traded fund’s stock valued at $307,624,000 after buying an additional 20,483 shares during the period. JPMorgan Chase & Co. increased its stake in SPDR S&P MidCap 400 ETF Trust by 7.0% in the 1st quarter. JPMorgan Chase & Co. now owns 429,365 shares of the exchange traded fund’s stock valued at $229,058,000 after buying an additional 28,167 shares during the period. Finally, Kayne Anderson Rudnick Investment Management LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 246.8% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 378,239 shares of the exchange traded fund’s stock valued at $215,390,000 after buying an additional 269,180 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $600.62 on Monday. The firm has a market cap of $23.80 billion, a PE ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $458.82 and a twelve month high of $624.13. The firm’s 50 day moving average price is $585.03 and its two-hundred day moving average price is $554.89.

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.