TruWealth Advisors LLC Has $1.29 Million Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

TruWealth Advisors LLC cut its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,266 shares of the exchange traded fund’s stock after selling 43 shares during the quarter. TruWealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,291,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of MDY. NBC Securities Inc. grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 36.0% in the first quarter. NBC Securities Inc. now owns 189 shares of the exchange traded fund’s stock valued at $115,000 after acquiring an additional 50 shares in the last quarter. Midwest Financial Group LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.0% during the first quarter. Midwest Financial Group LLC now owns 6,992 shares of the exchange traded fund’s stock worth $3,891,000 after purchasing an additional 269 shares during the period. Optimum Investment Advisors raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 27.6% in the first quarter. Optimum Investment Advisors now owns 855 shares of the exchange traded fund’s stock valued at $476,000 after buying an additional 185 shares in the last quarter. Hummer Financial Advisory Services Inc raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.8% in the first quarter. Hummer Financial Advisory Services Inc now owns 17,453 shares of the exchange traded fund’s stock valued at $9,729,000 after buying an additional 480 shares in the last quarter. Finally, Sanders Morris Harris LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $709,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $583.78 on Friday. The firm has a market cap of $23.07 billion, a PE ratio of 15.70 and a beta of 1.09. The stock’s fifty day moving average price is $559.59 and its two-hundred day moving average price is $546.86. SPDR S&P MidCap 400 ETF Trust has a one year low of $424.22 and a one year high of $585.50.

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.