SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Sold by Telemus Capital LLC

Telemus Capital LLC trimmed its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Get Rating) by 2.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,421 shares of the exchange traded fund’s stock after selling 362 shares during the quarter. Telemus Capital LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,457,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Bank of Montreal Can increased its stake in SPDR S&P MidCap 400 ETF Trust by 1.6% in the third quarter. Bank of Montreal Can now owns 474,265 shares of the exchange traded fund’s stock valued at $205,565,000 after purchasing an additional 7,431 shares during the last quarter. Creative Planning increased its stake in SPDR S&P MidCap 400 ETF Trust by 221.7% during the second quarter. Creative Planning now owns 450,196 shares of the exchange traded fund’s stock worth $186,151,000 after acquiring an additional 310,237 shares during the last quarter. Raymond James & Associates boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 9.5% in the third quarter. Raymond James & Associates now owns 383,277 shares of the exchange traded fund’s stock worth $153,955,000 after buying an additional 33,124 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 124.3% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 300,993 shares of the exchange traded fund’s stock worth $124,553,000 after buying an additional 166,786 shares during the period. Finally, Royal Bank of Canada boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 8.6% in the third quarter. Royal Bank of Canada now owns 276,929 shares of the exchange traded fund’s stock worth $111,231,000 after buying an additional 22,017 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY opened at $433.10 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $398.11 and a 1-year high of $506.70. The business has a 50-day moving average of $472.58 and a 200-day moving average of $451.30. The company has a market capitalization of $17.83 billion, a price-to-earnings ratio of 11.00 and a beta of 1.12.

SPDR S&P MidCap 400 ETF Trust Company Profile

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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.