L & S Advisors Inc Lowers Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

L & S Advisors Inc decreased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.3% during the fourth quarter, Holdings Channel reports. The firm owned 1,227 shares of the exchange traded fund’s stock after selling 42 shares during the quarter. L & S Advisors Inc’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $699,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 8,245.4% during the 4th quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock worth $330,835,000 after buying an additional 573,881 shares during the period. Raymond James Financial Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $328,419,000. JPMorgan Chase & Co. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 18.0% during the fourth quarter. JPMorgan Chase & Co. now owns 401,198 shares of the exchange traded fund’s stock worth $228,514,000 after acquiring an additional 61,062 shares during the period. Strategic Financial Concepts LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 89,108.5% in the fourth 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 during the period. Finally, SG Americas Securities LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 1,411.1% during the 4th 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 in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY stock opened at $532.23 on Monday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $511.97 and a 1 year high of $624.13. The firm has a market capitalization of $21.83 billion, a P/E ratio of 18.90 and a beta of 1.14. The business’s 50-day moving average is $567.18 and its two-hundred day moving average is $576.63.

SPDR S&P MidCap 400 ETF Trust Company 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.