Flow Traders U.S. LLC Cuts Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Flow Traders U.S. LLC trimmed its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDYFree Report) by 57.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 4,143 shares of the exchange traded fund’s stock after selling 5,659 shares during the quarter. Flow Traders U.S. LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,360,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MDY. Ridgewood Investments LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $25,000. Addison Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $27,000. DiNuzzo Private Wealth Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth $28,000. Chris Bulman Inc bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $38,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.1 %

NYSEARCA:MDY opened at $615.86 on Friday. The firm has a market capitalization of $24.34 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $465.36 and a 52 week high of $624.13. The company has a fifty day moving average of $582.62 and a 200 day moving average of $558.71.

SPDR S&P MidCap 400 ETF Trust Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDYFree Report).

Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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