Mill Creek Capital Advisors LLC trimmed its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 18.1% during the fourth quarter, Holdings Channel reports. The firm owned 13,994 shares of the exchange traded fund’s stock after selling 3,090 shares during the quarter. Mill Creek Capital Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,442,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Sound Income Strategies LLC raised its stake in SPDR S&P MidCap 400 ETF Trust by 177.8% during the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 32 shares during the period. High Point Wealth Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $34,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in SPDR S&P MidCap 400 ETF Trust by 255.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 51 shares during the period. Acumen Wealth Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $48,000. Finally, Lloyd Advisory Services LLC. acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $49,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
MDY stock opened at $693.74 on Monday. The stock’s 50 day simple moving average is $664.63 and its 200 day simple moving average is $639.69. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $547.05 and a fifty-two week high of $696.98. The company has a market cap of $27.26 billion, a P/E ratio of 18.98 and a beta of 1.01.
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.
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