Bristlecone Advisors LLC Reduces Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Bristlecone Advisors LLC lessened its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.4% in the 4th quarter, HoldingsChannel reports. The firm owned 6,729 shares of the exchange traded fund’s stock after selling 25 shares during the quarter. Bristlecone Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,833,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Park Avenue Securities LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at about $249,000. Alpha Financial Partners LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $1,262,000. Brookstone Capital Management raised its position in SPDR S&P MidCap 400 ETF Trust by 29.8% during the third quarter. Brookstone Capital Management now owns 892 shares of the exchange traded fund’s stock valued at $508,000 after acquiring an additional 205 shares in the last quarter. Montis Financial LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $496,000. Finally, Matrix Asset Advisors Inc. NY boosted its position in SPDR S&P MidCap 400 ETF Trust by 23.7% in the 3rd quarter. Matrix Asset Advisors Inc. NY now owns 6,514 shares of the exchange traded fund’s stock worth $3,711,000 after purchasing an additional 1,248 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY opened at $585.37 on Monday. The stock has a market capitalization of $23.13 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The firm’s 50 day simple moving average is $587.15 and its 200-day simple moving average is $574.72. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $501.24 and a 12 month high of $624.13.

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.