Prime Capital Investment Advisors LLC Lowers Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Prime Capital Investment Advisors LLC lowered its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,430 shares of the exchange traded fund’s stock after selling 262 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,523,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Ridgewood Investments LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $25,000. Addison Advisors LLC purchased a new position in shares of 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 shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $28,000. Chris Bulman Inc purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $38,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA MDY opened at $597.88 on Thursday. The company has a market cap of $23.63 billion, a PE ratio of 15.70 and a beta of 1.09. The stock’s 50 day simple moving average is $569.40 and its 200-day simple moving average is $553.00. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $454.86 and a 1-year high of $609.69.

SPDR S&P MidCap 400 ETF Trust Company 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.