B. Riley Wealth Advisors Inc. Sells 1,599 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

B. Riley Wealth Advisors Inc. lessened its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 44.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,962 shares of the exchange traded fund’s stock after selling 1,599 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,170,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Brown Lisle Cummings Inc. boosted its position in SPDR S&P MidCap 400 ETF Trust by 110.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 63 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 33 shares during the period. CoreFirst Bank & Trust bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $40,000. ST Germain D J Co. Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $42,000. RMG Wealth Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $45,000. Finally, Tripletail Wealth Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $49,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY opened at $635.77 on Wednesday. The business has a 50 day simple moving average of $614.79 and a two-hundred day simple moving average of $598.75. The firm has a market capitalization of $24.93 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $648.79.

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.