Capital Investment Advisors LLC Sells 102 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Capital Investment Advisors LLC cut its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 9.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,014 shares of the exchange traded fund’s stock after selling 102 shares during the quarter. Capital Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $541,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of MDY. J.Safra Asset Management Corp bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $26,000. CoreFirst Bank & Trust bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $40,000. Synergy Investment Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $44,000. Mpwm Advisory Solutions LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $46,000. Finally, Ameriflex Group Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $49,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.3%

MDY stock opened at $561.63 on Wednesday. The business has a 50 day moving average price of $529.09 and a two-hundred day moving average price of $558.94. The company has a market cap of $22.57 billion, a price-to-earnings ratio of 18.14 and a beta of 1.07. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $458.82 and a twelve month high of $624.13.

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.