Steward Partners Investment Advisory LLC Sells 206 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Steward Partners Investment Advisory LLC cut its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 25,381 shares of the exchange traded fund’s stock after selling 206 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $14,456,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. PFG Investments LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 17.3% during the 4th quarter. PFG Investments LLC now owns 767 shares of the exchange traded fund’s stock valued at $437,000 after purchasing an additional 113 shares during the period. Flagstar Advisors Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.7% during the third quarter. Flagstar Advisors Inc. now owns 5,700 shares of the exchange traded fund’s stock valued at $3,256,000 after buying an additional 152 shares during the period. Inspire Trust Co. N.A. raised its stake in SPDR S&P MidCap 400 ETF Trust by 19.1% in the third quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock worth $6,735,000 after buying an additional 1,900 shares in the last quarter. Frisch Financial Group Inc. lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 7.4% in the third quarter. Frisch Financial Group Inc. now owns 2,129 shares of the exchange traded fund’s stock worth $1,216,000 after buying an additional 146 shares during the period. Finally, Benchmark Financial Wealth Advisors LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 2.4% during the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 8,053 shares of the exchange traded fund’s stock valued at $4,588,000 after acquiring an additional 187 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY stock opened at $544.36 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $511.97 and a fifty-two week high of $624.13. The company has a market capitalization of $22.93 billion, a price-to-earnings ratio of 19.87 and a beta of 1.13. The business’s 50 day moving average price is $579.64 and its two-hundred day moving average price is $578.32.

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.