Midwest Financial Group LLC lessened its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 14.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,330 shares of the exchange traded fund’s stock after selling 1,252 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up 2.0% of Midwest Financial Group LLC’s holdings, making the stock its 17th largest position. 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.
Other institutional investors have also modified their holdings of the company. Atria Investments Inc boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 143.7% during the 3rd quarter. Atria Investments Inc now owns 6,064 shares of the exchange traded fund’s stock valued at $3,614,000 after purchasing an additional 3,576 shares in the last quarter. NewEdge Wealth LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 190.8% in the 3rd quarter. NewEdge Wealth LLC now owns 2,012 shares of the exchange traded fund’s stock worth $1,190,000 after purchasing an additional 1,320 shares during the last quarter. First Horizon Corp bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $6,724,000. HB Wealth Management LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 32.7% in the 3rd quarter. HB Wealth Management LLC now owns 5,135 shares of the exchange traded fund’s stock worth $3,061,000 after purchasing an additional 1,266 shares in the last quarter. Finally, J.Safra Asset Management Corp acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at approximately $550,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of NYSEARCA:MDY opened at $622.40 on Friday. The stock has a market capitalization of $24.45 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $662.65. The company has a 50 day moving average price of $633.97 and a 200 day moving average price of $614.57.
About SPDR S&P MidCap 400 ETF Trust
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.
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