Diversified Portfolios Inc. Trims Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Diversified Portfolios Inc. cut its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,826 shares of the exchange traded fund’s stock after selling 45 shares during the period. Diversified Portfolios Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,166,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of MDY. DiNuzzo Private Wealth Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $28,000. West Financial Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $28,000. New Wave Wealth Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $32,000. Brooklyn Investment Group purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $36,000. Finally, Peterson Financial Group Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth approximately $68,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY opened at $583.12 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $501.24 and a 1 year high of $624.13. The firm has a fifty day moving average price of $586.60 and a 200-day moving average price of $575.15. The stock has a market cap of $23.04 billion, a PE ratio of 15.70 and a beta of 1.09.

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.