Hudson Valley Investment Advisors Inc. ADV cut its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 1.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,502 shares of the exchange traded fund’s stock after selling 77 shares during the period. Hudson Valley Investment Advisors Inc. ADV’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,564,000 at the end of the most recent quarter.
A number of other institutional investors have also recently modified their holdings of the stock. DiNuzzo Private Wealth Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $28,000. Kiely Wealth Advisory Group Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $64,000. Beaird Harris Wealth Management LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth about $67,000. Peterson Financial Group Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter worth approximately $68,000. Finally, Activest Wealth Management increased its holdings in SPDR S&P MidCap 400 ETF Trust by 454.2% in the third quarter. Activest Wealth Management now owns 133 shares of the exchange traded fund’s stock worth $76,000 after purchasing an additional 109 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of MDY opened at $573.73 on Friday. The firm has a market cap of $22.67 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $487.66 and a 52-week high of $624.13. The business’s 50 day moving average price is $591.04 and its two-hundred day moving average price is $567.66.
SPDR S&P MidCap 400 ETF Trust 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.
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