White Pine Capital LLC Reduces Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

White Pine Capital LLC lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 14.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,122 shares of the exchange traded fund’s stock after selling 352 shares during the period. White Pine Capital LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,077,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of MDY. West Branch Capital LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $25,000. Hazlett Burt & Watson Inc. boosted its position in 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 worth $29,000 after purchasing an additional 30 shares in the last quarter. Authentikos Wealth Advisory LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $32,000. Bruce G. Allen Investments LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $44,000. Finally, FinTrust Capital Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $46,000.

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

Shares of MDY stock traded up $1.52 during trading hours on Friday, hitting $529.38. 549,453 shares of the company’s stock were exchanged, compared to its average volume of 947,954. The firm has a market cap of $21.54 billion, a P/E ratio of 15.15 and a beta of 1.09. The firm has a 50 day moving average of $534.69 and a two-hundred day moving average of $499.27. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $424.22 and a fifty-two week high of $558.34.

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.