Sterling Investment Advisors Ltd. decreased its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 5.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,482 shares of the exchange traded fund’s stock after selling 273 shares during the period. Sterling Investment Advisors Ltd.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,553,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in MDY. FCG Investment Co boosted its position in SPDR S&P MidCap 400 ETF Trust by 11.0% during the 3rd quarter. FCG Investment Co now owns 1,027 shares of the exchange traded fund’s stock valued at $585,000 after acquiring an additional 102 shares in the last quarter. Tower View Wealth Management LLC raised its stake in SPDR S&P MidCap 400 ETF Trust by 2.3% in the 3rd quarter. Tower View Wealth Management LLC now owns 4,657 shares of the exchange traded fund’s stock worth $2,653,000 after acquiring an additional 104 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.2% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock valued at $886,000 after buying an additional 18 shares during the last quarter. Integrated Advisors Network LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.4% in the 3rd quarter. Integrated Advisors Network LLC now owns 3,539 shares of the exchange traded fund’s stock valued at $2,016,000 after purchasing an additional 50 shares in the last quarter. Finally, Bay Rivers Group increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% in the 3rd quarter. Bay Rivers Group now owns 7,969 shares of the exchange traded fund’s stock valued at $4,539,000 after purchasing an additional 33 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Trading Down 0.1 %
MDY stock opened at $565.76 on Tuesday. The stock has a market cap of $23.83 billion, a price-to-earnings ratio of 19.87 and a beta of 1.13. The business’s 50-day moving average is $581.48 and its 200 day moving average is $577.58. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $511.97 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.
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