Exchange Capital Management Inc. Sells 31 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Exchange Capital Management Inc. reduced its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.2% in the 4th quarter, Holdings Channel reports. The fund owned 20,265 shares of the exchange traded fund’s stock after selling 31 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for 1.8% of Exchange Capital Management Inc.’s portfolio, making the stock its 11th biggest position. Exchange Capital Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $11,543,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of MDY. Strategic Financial Concepts LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after acquiring an additional 376,929 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the fourth quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock worth $151,355,000 after acquiring an additional 248,146 shares in the last quarter. Arvest Bank Trust Division bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $137,029,000. Washburn Capital Management Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $35,872,000. Finally, Serenus Wealth Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $17,820,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA:MDY opened at $565.76 on Tuesday. The company has a market cap of $23.83 billion, a PE ratio of 19.87 and a beta of 1.13. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $511.97 and a 52-week high of $624.13. The stock has a 50-day simple moving average of $581.48 and a 200 day simple moving average of $577.58.

SPDR S&P MidCap 400 ETF Trust Company Profile

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.