Adero Partners LLC Sells 92 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Adero Partners LLC cut its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,642 shares of the exchange traded fund’s stock after selling 92 shares during the quarter. Adero Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $935,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ridgewood Investments LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth $25,000. Addison Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth $27,000. DiNuzzo Private Wealth Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth $28,000. Chris Bulman Inc bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth $38,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.1 %

Shares of NYSEARCA:MDY opened at $586.13 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $458.42 and a 12 month high of $609.69. The company’s fifty day simple moving average is $572.29 and its 200 day simple moving average is $554.18. The firm has a market cap of $23.16 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.

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.