Investment Advisory Group LLC Reduces Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Investment Advisory Group LLC trimmed its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,359 shares of the exchange traded fund’s stock after selling 85 shares during the quarter. Investment Advisory Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,913,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in SPDR S&P MidCap 400 ETF Trust by 1.2% during the third 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 acquiring an additional 18 shares during the last quarter. GenTrust LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 0.5% in the 3rd quarter. GenTrust LLC now owns 3,372 shares of the exchange traded fund’s stock worth $1,927,000 after purchasing an additional 18 shares during the period. Hohimer Wealth Management LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 1.5% in the third quarter. Hohimer Wealth Management LLC now owns 1,201 shares of the exchange traded fund’s stock worth $684,000 after purchasing an additional 18 shares during the last quarter. SPC Financial Inc. lifted its stake in SPDR S&P MidCap 400 ETF Trust by 3.2% in the third quarter. SPC Financial Inc. now owns 619 shares of the exchange traded fund’s stock worth $353,000 after purchasing an additional 19 shares during the last quarter. Finally, Highview Capital Management LLC DE boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% during the third quarter. Highview Capital Management LLC DE now owns 8,133 shares of the exchange traded fund’s stock valued at $4,633,000 after buying an additional 22 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY opened at $601.18 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $495.53 and a fifty-two week high of $624.13. The company has a market cap of $23.76 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The business’s 50 day moving average price is $589.96 and its 200-day moving average price is $571.02.

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.