Triumph Capital Management Trims Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Triumph Capital Management lessened its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 30.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,270 shares of the exchange traded fund’s stock after selling 545 shares during the quarter. Triumph Capital Management’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $723,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $328,419,000. Proficio Capital Partners LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 8,245.4% in the fourth quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock worth $330,835,000 after acquiring an additional 573,881 shares during the period. Strategic Financial Concepts LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock valued at $214,932,000 after purchasing an additional 376,929 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 246.8% during the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 378,239 shares of the exchange traded fund’s stock valued at $215,390,000 after acquiring an additional 269,180 shares in the last quarter. Finally, SG Americas Securities LLC grew its stake in 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 purchasing an additional 248,146 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $521.88 on Wednesday. The company has a market capitalization of $21.36 billion, a PE ratio of 17.11 and a beta of 1.07. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $624.13. The firm’s 50-day moving average price is $526.71 and its 200-day moving average price is $566.42.

About SPDR S&P MidCap 400 ETF Trust

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.