Eldridge Investment Advisors Inc. Sells 228 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Eldridge Investment Advisors Inc. cut its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDYFree Report) by 6.4% in the fourth quarter, HoldingsChannel reports. The firm owned 3,328 shares of the exchange traded fund’s stock after selling 228 shares during the period. Eldridge Investment Advisors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,896,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of MDY. J.Safra Asset Management Corp bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $26,000. West Financial Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $28,000. New Wave Wealth Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $32,000. Brooklyn Investment Group bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $36,000. Finally, Synergy Investment Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $44,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 2.4 %

MDY opened at $535.74 on Friday. The firm has a market cap of $22.17 billion, a price-to-earnings ratio of 18.55 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $511.97 and a 12 month high of $624.13. The stock has a fifty day moving average price of $574.02 and a 200-day moving average price of $576.97.

SPDR S&P MidCap 400 ETF Trust Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDYFree Report).

Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Receive News & Ratings for SPDR S&P MidCap 400 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.