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

Saxony Capital Management LLC lessened its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 10.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,401 shares of the exchange traded fund’s stock after selling 276 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up about 1.3% of Saxony Capital Management LLC’s investment portfolio, making the stock its 26th biggest position. Saxony Capital Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,368,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Ridgewood Investments LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $25,000. Ruedi Wealth Management Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth approximately $26,000. Addison Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $27,000. DiNuzzo Private Wealth Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter worth approximately $28,000. Finally, Chris Bulman Inc acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $30,000.

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

MDY stock opened at $573.51 on Wednesday. The company has a market cap of $22.67 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The business has a fifty day simple moving average of $562.09 and a 200-day simple moving average of $547.53. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $424.22 and a 52 week 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.