Stone Summit Wealth LLC Has $942,000 Stock Position in SPDR S&P MidCap 400 ETF Trust $MDY

Stone Summit Wealth LLC lowered its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 62.5% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,663 shares of the exchange traded fund’s stock after selling 2,771 shares during the quarter. Stone Summit Wealth LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $942,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $27,000. Aviso Financial Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $27,000. Alpine Bank Wealth Management acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $32,000. Marshall Investment Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $33,000. Finally, City Holding Co. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 80.0% during the first quarter. City Holding Co. now owns 90 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 40 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY opened at $596.68 on Friday. The company has a market capitalization of $23.64 billion, a P/E ratio of 18.98 and a beta of 1.12. The stock has a fifty day moving average of $588.93 and a 200-day moving average of $558.54. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $624.13.

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.