KCM Investment Advisors LLC Has $7.95 Million Position in SPDR S&P MidCap 400 ETF Trust $MDY

by · The Cerbat Gem

KCM Investment Advisors LLC cut its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 3.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,027 shares of the exchange traded fund’s stock after selling 427 shares during the quarter. KCM Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,946,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aviso Financial Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at about $27,000. Marshall Investment Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $33,000. RMG Wealth Management LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth about $45,000. Banque Cantonale Vaudoise acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $51,000. Finally, 1 North Wealth Services LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $52,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 1.2%

Shares of NYSEARCA:MDY opened at $592.78 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $458.82 and a 12-month high of $624.13. The company’s 50 day moving average price is $596.05 and its two-hundred day moving average price is $574.60. The firm has a market cap of $23.37 billion, a PE ratio of 18.98 and a beta of 1.06.

SPDR S&P MidCap 400 ETF Trust Company Profile

(Free Report)

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.

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