Financial Partners Group LLC Cuts Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Financial Partners Group LLC decreased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,088 shares of the exchange traded fund’s stock after selling 120 shares during the period. Financial Partners Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,189,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the company. Flagstar Advisors Inc. grew its stake in SPDR S&P MidCap 400 ETF Trust by 2.7% during the third quarter. Flagstar Advisors Inc. now owns 5,700 shares of the exchange traded fund’s stock valued at $3,256,000 after acquiring an additional 152 shares in the last quarter. Signaturefd LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 884.1% in the 3rd quarter. Signaturefd LLC now owns 620 shares of the exchange traded fund’s stock valued at $353,000 after acquiring an additional 557 shares during the last quarter. Daymark Wealth Partners LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 486.3% in the second quarter. Daymark Wealth Partners LLC now owns 9,615 shares of the exchange traded fund’s stock valued at $5,145,000 after acquiring an additional 7,975 shares during the period. Thrivent Financial for Lutherans grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 16.0% in the second quarter. Thrivent Financial for Lutherans now owns 2,719 shares of the exchange traded fund’s stock worth $1,455,000 after purchasing an additional 376 shares during the last quarter. Finally, Inspire Trust Co. N.A. increased its holdings in SPDR S&P MidCap 400 ETF Trust by 19.1% during the 3rd quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock valued at $6,735,000 after purchasing an additional 1,900 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $598.53 on Friday. The stock has a market cap of $23.65 billion, a P/E ratio of 15.70 and a beta of 1.09. 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 stock has a 50 day simple moving average of $589.97 and a two-hundred day simple moving average of $571.21.

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.