SPDR S&P MidCap 400 ETF Trust $MDY Shares Sold by Midwest Financial Group LLC

Midwest Financial Group LLC cut its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 14.6% during the fourth quarter, Holdings Channel reports. The firm owned 7,330 shares of the exchange traded fund’s stock after selling 1,252 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up approximately 2.0% of Midwest Financial Group LLC’s portfolio, making the stock its 17th largest holding. Midwest Financial Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,422,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of MDY. Activest Wealth Management boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 125.0% in the 3rd quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 30 shares during the period. Brown Lisle Cummings Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 110.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 63 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 33 shares during the period. CoreFirst Bank & Trust purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $40,000. Cloud Capital Management LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at about $41,000. Finally, ST Germain D J Co. Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $42,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $622.40 on Friday. The firm’s 50 day simple moving average is $633.97 and its 200-day simple moving average is $614.57. The company has a market cap of $24.45 billion, a P/E ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $662.65.

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