Segment Wealth Management LLC Lowers Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Segment Wealth Management LLC cut its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.9% in the third quarter, Holdings Channel reports. The institutional investor owned 7,490 shares of the exchange traded fund’s stock after selling 71 shares during the quarter. Segment Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,267,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Avantax Advisory Services Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 4.5% during the first quarter. Avantax Advisory Services Inc. now owns 21,291 shares of the exchange traded fund’s stock worth $11,846,000 after acquiring an additional 921 shares during the period. First Foundation Advisors boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 28.5% in the 1st quarter. First Foundation Advisors now owns 699 shares of the exchange traded fund’s stock worth $389,000 after buying an additional 155 shares during the last quarter. WealthPLAN Partners LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 14.5% during the 1st quarter. WealthPLAN Partners LLC now owns 1,339 shares of the exchange traded fund’s stock worth $745,000 after buying an additional 170 shares in the last quarter. &PARTNERS raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 14.3% during the second quarter. &PARTNERS now owns 1,134 shares of the exchange traded fund’s stock valued at $607,000 after acquiring an additional 142 shares during the last quarter. Finally, Brighton Jones LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 25.6% in the second quarter. Brighton Jones LLC now owns 2,047 shares of the exchange traded fund’s stock valued at $1,095,000 after acquiring an additional 417 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA:MDY opened at $573.51 on Wednesday. The business’s 50 day moving average price is $562.09 and its 200-day moving average price is $547.53. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $424.22 and a 1 year high of $585.50. The firm has a market capitalization of $22.67 billion, a PE ratio of 15.70 and a beta of 1.09.

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.