LM Advisors LLC Has $1.41 Million Stake in SPDR S&P MidCap 400 ETF Trust $MDY

LM Advisors LLC lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 39.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,340 shares of the exchange traded fund’s stock after selling 1,544 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for approximately 0.8% of LM Advisors LLC’s portfolio, making the stock its 18th largest position. LM Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,412,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Atria Investments Inc lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 143.7% during the 3rd quarter. Atria Investments Inc now owns 6,064 shares of the exchange traded fund’s stock valued at $3,614,000 after acquiring an additional 3,576 shares during the period. NewEdge Wealth LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 190.8% during the 3rd quarter. NewEdge Wealth LLC now owns 2,012 shares of the exchange traded fund’s stock valued at $1,190,000 after acquiring an additional 1,320 shares during the period. Savvy Advisors Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $620,000. Daytona Street Capital LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $633,000. Finally, Clear Trail Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $575,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.7%

SPDR S&P MidCap 400 ETF Trust stock opened at $693.74 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $547.05 and a 1-year high of $696.98. The firm has a market capitalization of $27.26 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01. The firm’s fifty day moving average price is $664.63 and its two-hundred day moving average price is $639.33.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.