Davies Financial Advisors Inc. Reduces Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Davies Financial Advisors Inc. lessened its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 7.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 492 shares of the exchange traded fund’s stock after selling 40 shares during the period. Davies Financial Advisors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $280,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. DiNuzzo Private Wealth Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $28,000. West Financial Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $28,000. Brooklyn Investment Group bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $36,000. Beaird Harris Wealth Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at $67,000. Finally, Peterson Financial Group Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $68,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.4 %

NYSEARCA:MDY opened at $591.11 on Tuesday. The company has a 50-day moving average price of $590.29 and a 200-day moving average price of $570.10. The stock has a market cap of $23.36 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $490.24 and a 12 month high of $624.13.

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.