Fifth Third Securities Inc. Trims Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Fifth Third Securities Inc. decreased its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 34.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,591 shares of the exchange traded fund’s stock after selling 4,989 shares during the period. Fifth Third Securities Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,717,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in MDY. Hancock Prospecting Pty Ltd acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $1,533,856,000. Kingstone Capital Partners Texas LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter worth approximately $1,584,523,000. Moore Capital Management LP raised its position in SPDR S&P MidCap 400 ETF Trust by 73.2% in the 2nd quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock valued at $358,993,000 after purchasing an additional 267,800 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 6.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 613,019 shares of the exchange traded fund’s stock valued at $347,263,000 after buying an additional 36,384 shares during the last quarter. Finally, Tableaux LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $317,795,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY stock opened at $611.57 on Friday. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $622.79. The company has a fifty day moving average of $596.85 and a 200-day moving average of $587.07. The stock has a market capitalization of $24.11 billion, a PE ratio of 18.98 and a beta of 1.06.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.