SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Sold by Flynn Zito Capital Management LLC

Flynn Zito Capital Management LLC cut its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 9.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,303 shares of the exchange traded fund’s stock after selling 142 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for 0.4% of Flynn Zito Capital Management LLC’s investment portfolio, making the stock its 28th largest position. Flynn Zito Capital Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $661,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. West Branch Capital LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $25,000. Hazlett Burt & Watson Inc. raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 30 shares in the last quarter. SRS Capital Advisors Inc. raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 242.1% in the 2nd quarter. SRS Capital Advisors Inc. now owns 65 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 46 shares in the last quarter. Authentikos Wealth Advisory LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $32,000. Finally, Bruce G. Allen Investments LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at $44,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY traded down $0.70 during midday trading on Thursday, reaching $516.55. The stock had a trading volume of 888,439 shares, compared to its average volume of 956,936. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $424.22 and a 1-year high of $558.34. The company’s fifty day simple moving average is $533.09 and its two-hundred day simple moving average is $495.83. The company has a market cap of $20.81 billion, a price-to-earnings ratio of 15.42 and a beta of 1.12.

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.