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

Yousif Capital Management LLC reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 31.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 11,766 shares of the exchange traded fund’s stock after selling 5,480 shares during the quarter. Yousif Capital Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,970,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 462.5% during the third quarter. Newbridge Financial Services Group Inc. now owns 90 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 74 shares during the period. Blue Fin Capital Inc. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 64.1% during the third quarter. Blue Fin Capital Inc. now owns 1,794 shares of the exchange traded fund’s stock worth $819,000 after buying an additional 701 shares during the period. Simplicity Solutions LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 9.3% during the third quarter. Simplicity Solutions LLC now owns 2,395 shares of the exchange traded fund’s stock worth $1,094,000 after buying an additional 203 shares during the period. Connecticut Wealth Management LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 11.0% during the third quarter. Connecticut Wealth Management LLC now owns 4,996 shares of the exchange traded fund’s stock worth $2,281,000 after buying an additional 496 shares during the period. Finally, TFG Advisers LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 10.8% during the third quarter. TFG Advisers LLC now owns 770 shares of the exchange traded fund’s stock worth $352,000 after buying an additional 75 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.4 %

Shares of NYSEARCA MDY opened at $527.86 on Friday. The stock has a 50 day simple moving average of $534.44 and a 200-day simple moving average of $498.73. The company has a market cap of $21.48 billion, a PE ratio of 15.15 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $424.22 and a 12-month 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.