SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Sold by Wellspring Financial Advisors LLC

Wellspring Financial Advisors LLC cut its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,317 shares of the exchange traded fund’s stock after selling 592 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for 0.2% of Wellspring Financial Advisors LLC’s portfolio, making the stock its 27th largest holding. Wellspring Financial Advisors LLC owned 0.06% of SPDR S&P MidCap 400 ETF Trust worth $13,851,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Cerity Partners LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 4.2% in the 4th quarter. Cerity Partners LLC now owns 101,612 shares of the exchange traded fund’s stock valued at $57,945,000 after purchasing an additional 4,063 shares during the period. Titleist Asset Management LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 2.4% during the fourth quarter. Titleist Asset Management LLC now owns 816 shares of the exchange traded fund’s stock valued at $465,000 after buying an additional 19 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 6.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 73,401 shares of the exchange traded fund’s stock worth $41,808,000 after buying an additional 4,692 shares during the period. Wells Fargo & Company MN increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 5.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,370,369 shares of the exchange traded fund’s stock worth $780,535,000 after acquiring an additional 65,493 shares in the last quarter. Finally, Guidance Point Advisors LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 3.9% during the fourth quarter. Guidance Point Advisors LLC now owns 668 shares of the exchange traded fund’s stock valued at $380,000 after acquiring an additional 25 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA:MDY opened at $483.74 on Monday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $473.27 and a 52 week high of $624.13. The company has a market cap of $19.84 billion, a PE ratio of 18.90 and a beta of 1.14. The firm has a 50 day simple moving average of $559.58 and a 200 day simple moving average of $575.37.

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.