Flputnam Investment Management Co. decreased its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 3.5% during the fourth quarter, HoldingsChannel reports. The firm owned 9,716 shares of the exchange traded fund’s stock after selling 357 shares during the quarter. Flputnam Investment Management Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,534,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of MDY. PFG Investments LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 17.3% during the 4th quarter. PFG Investments LLC now owns 767 shares of the exchange traded fund’s stock valued at $437,000 after acquiring an additional 113 shares during the period. Flagstar Advisors Inc. lifted its position in SPDR S&P MidCap 400 ETF Trust by 2.7% during the 3rd 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 during the period. Inspire Trust Co. N.A. lifted its position 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 acquiring an additional 1,900 shares during the period. Frisch Financial Group Inc. lifted its position in SPDR S&P MidCap 400 ETF Trust by 7.4% during the 3rd quarter. Frisch Financial Group Inc. now owns 2,129 shares of the exchange traded fund’s stock valued at $1,216,000 after acquiring an additional 146 shares during the period. Finally, Benchmark Financial Wealth Advisors LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 2.4% during the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 8,053 shares of the exchange traded fund’s stock valued at $4,588,000 after acquiring an additional 187 shares during the period.
SPDR S&P MidCap 400 ETF Trust Price Performance
Shares of NYSEARCA MDY opened at $565.80 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $511.97 and a 1 year high of $624.13. The stock has a market cap of $23.83 billion, a P/E ratio of 19.87 and a beta of 1.13. The firm has a 50-day moving average of $580.64 and a 200 day moving average of $578.07.
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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