SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Stock Position Lessened by Dumont & Blake Investment Advisors LLC

Dumont & Blake Investment Advisors LLC lessened its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 50.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 20,461 shares of the exchange traded fund’s stock after selling 20,600 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up about 3.1% of Dumont & Blake Investment Advisors LLC’s portfolio, making the stock its 6th largest holding. Dumont & Blake Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $11,656,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MDY. Ruedi Wealth Management Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at about $26,000. Ridgewood Investments LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd 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 worth $27,000. DiNuzzo Private Wealth Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth $28,000. Finally, Chris Bulman Inc purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at $30,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY traded up $0.09 during mid-day trading on Friday, hitting $571.19. The stock had a trading volume of 20,386 shares, compared to its average volume of 819,716. The firm has a market cap of $22.57 billion, a PE ratio of 15.70 and a beta of 1.09. The company has a 50 day moving average of $562.70 and a two-hundred day moving average of $547.69. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $424.22 and a twelve month 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.