Fifth Third Securities Inc. cut its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 12.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,068 shares of the exchange traded fund’s stock after selling 2,239 shares during the period. Fifth Third Securities Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,582,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. DiNuzzo Private Wealth Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $28,000. West Financial Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $28,000. Brooklyn Investment Group purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $36,000. Peterson Financial Group Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $68,000. Finally, ORG Partners LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 50.0% during the 4th quarter. ORG Partners LLC now owns 129 shares of the exchange traded fund’s stock worth $74,000 after purchasing an additional 43 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Price Performance
MDY opened at $596.41 on Friday. The business has a 50-day moving average of $590.44 and a two-hundred day moving average of $573.15. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $495.53 and a 12 month high of $624.13. The stock has a market capitalization of $23.57 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.
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.
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