Alliancebernstein L.P. Sells 7,843 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Alliancebernstein L.P. cut its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 257,129 shares of the exchange traded fund’s stock after selling 7,843 shares during the quarter. Alliancebernstein L.P. owned 0.65% of SPDR S&P MidCap 400 ETF Trust worth $153,257,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Atria Investments Inc raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 143.7% in the third quarter. Atria Investments Inc now owns 6,064 shares of the exchange traded fund’s stock valued at $3,614,000 after acquiring an additional 3,576 shares during the period. NewEdge Wealth LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 190.8% in the 3rd quarter. NewEdge Wealth LLC now owns 2,012 shares of the exchange traded fund’s stock worth $1,190,000 after acquiring an additional 1,320 shares during the last quarter. First Horizon Corp purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth about $6,724,000. HB Wealth Management LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 32.7% during the 3rd quarter. HB Wealth Management LLC now owns 5,135 shares of the exchange traded fund’s stock worth $3,061,000 after purchasing an additional 1,266 shares during the period. Finally, J.Safra Asset Management Corp bought a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at about $550,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $615.40 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $662.65. The firm has a market capitalization of $23.89 billion, a P/E ratio of 18.98 and a beta of 1.06. The company’s 50-day moving average is $639.48 and its 200 day moving average is $613.20.

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.