Smith Anglin Financial LLC Cuts Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Smith Anglin Financial LLC lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,696 shares of the exchange traded fund’s stock after selling 44 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up about 0.7% of Smith Anglin Financial LLC’s portfolio, making the stock its 23rd largest position. Smith Anglin Financial LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,801,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock worth $1,237,772,000 after purchasing an additional 2,169,344 shares during the last quarter. Arvest Bank Trust Division acquired a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter worth $137,029,000. Kayne Anderson Rudnick Investment Management LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 114.4% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 107,037 shares of the exchange traded fund’s stock worth $57,264,000 after acquiring an additional 57,113 shares during the period. Black Swift Group LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter worth $14,417,000. Finally, Commonwealth Equity Services LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 23.2% during the third quarter. Commonwealth Equity Services LLC now owns 133,481 shares of the exchange traded fund’s stock worth $76,039,000 after acquiring an additional 25,179 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA:MDY opened at $588.36 on Wednesday. The company has a fifty day moving average of $591.05 and a two-hundred day moving average of $568.90. The stock has a market capitalization of $23.25 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $487.66 and a fifty-two week high of $624.13.

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.