IFP Advisors Inc Sells 5,448 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

IFP Advisors Inc lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 86.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 861 shares of the exchange traded fund’s stock after selling 5,448 shares during the period. IFP Advisors Inc’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $490,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MDY. Genesis Wealth Advisors LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at approximately $644,000. Y Intercept Hong Kong Ltd bought a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at approximately $1,653,000. Forvis Mazars Wealth Advisors LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 7.2% during the 4th quarter. Forvis Mazars Wealth Advisors LLC now owns 2,450 shares of the exchange traded fund’s stock valued at $1,395,000 after buying an additional 165 shares in the last quarter. Wealthspire Advisors LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 5.5% during the 4th quarter. Wealthspire Advisors LLC now owns 15,835 shares of the exchange traded fund’s stock valued at $9,020,000 after buying an additional 829 shares in the last quarter. Finally, Abound Financial LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at approximately $492,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 1.1 %

MDY stock opened at $565.80 on Friday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $511.97 and a twelve month high of $624.13. The firm has a market cap of $23.83 billion, a PE ratio of 19.87 and a beta of 1.13. The business has a 50 day moving average of $580.64 and a 200 day moving average of $577.81.

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.