Arete Wealth Advisors LLC Sells 77 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Arete Wealth Advisors LLC trimmed its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 15.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 423 shares of the exchange traded fund’s stock after selling 77 shares during the quarter. Arete Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $241,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. International Assets Investment Management LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock worth $1,237,772,000 after purchasing an additional 2,169,344 shares during the last quarter. US Bancorp DE increased its position in SPDR S&P MidCap 400 ETF Trust by 1.1% during the third quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock worth $606,098,000 after buying an additional 11,719 shares during the last quarter. PNC Financial Services Group Inc. increased its position in SPDR S&P MidCap 400 ETF Trust by 0.8% during the third quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock worth $437,979,000 after buying an additional 5,825 shares during the last quarter. Bank of Montreal Can raised its stake in SPDR S&P MidCap 400 ETF Trust by 3.5% in the second quarter. Bank of Montreal Can now owns 504,716 shares of the exchange traded fund’s stock valued at $269,741,000 after buying an additional 17,125 shares during the period. Finally, Raymond James & Associates lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the third quarter. Raymond James & Associates now owns 369,044 shares of the exchange traded fund’s stock valued at $210,230,000 after buying an additional 1,811 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.4 %

MDY stock opened at $599.65 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $487.66 and a 1-year high of $624.13. The business’s 50 day simple moving average is $590.61 and its 200 day simple moving average is $562.86. The firm has a market capitalization of $23.70 billion, a PE ratio of 15.70 and a beta of 1.09.

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.