Pegasus Asset Management Inc. Sells 210 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Pegasus Asset Management Inc. cut its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,230 shares of the exchange traded fund’s stock after selling 210 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises about 1.1% of Pegasus Asset Management Inc.’s investment portfolio, making the stock its 28th largest position. Pegasus Asset Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,979,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of MDY. Granite Bay Wealth Management LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 6,346.6% during the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock valued at $1,136,513,000 after purchasing an additional 2,080,665 shares during the period. Strategic Financial Concepts LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 41,522.2% during the second quarter. Strategic Financial Concepts LLC now owns 237,663 shares of the exchange traded fund’s stock valued at $127,169,000 after purchasing an additional 237,092 shares during the period. Pinkerton Retirement Specialists LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $34,041,000. Kayne Anderson Rudnick Investment Management LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 114.4% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 107,037 shares of the exchange traded fund’s stock valued at $57,264,000 after purchasing an additional 57,113 shares during the period. Finally, SG Americas Securities LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 109.7% in the first quarter. SG Americas Securities LLC now owns 101,803 shares of the exchange traded fund’s stock valued at $56,643,000 after acquiring an additional 53,249 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.6 %

SPDR S&P MidCap 400 ETF Trust stock traded down $3.37 during mid-day trading on Tuesday, hitting $573.86. 317,105 shares of the company were exchanged, compared to its average volume of 822,976. The company has a market capitalization of $22.68 billion, a PE ratio of 15.70 and a beta of 1.09. The business has a fifty day moving average of $561.43 and a 200 day moving average of $547.34. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $424.22 and a 1-year high of $585.50.

About SPDR S&P MidCap 400 ETF Trust

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.