Sage Financial Management Group Inc. Has $2.81 Million Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Sage Financial Management Group Inc. cut its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,927 shares of the exchange traded fund’s stock after selling 23 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises about 1.0% of Sage Financial Management Group Inc.’s holdings, making the stock its 20th largest position. Sage Financial Management Group Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,807,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Matrix Asset Advisors Inc. NY boosted its position in SPDR S&P MidCap 400 ETF Trust by 0.8% during the fourth quarter. Matrix Asset Advisors Inc. NY now owns 6,566 shares of the exchange traded fund’s stock valued at $3,740,000 after acquiring an additional 52 shares during the last quarter. Warner Financial Inc. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.8% during the 4th quarter. Warner Financial Inc. now owns 2,260 shares of the exchange traded fund’s stock valued at $1,287,000 after purchasing an additional 39 shares in the last quarter. Bay Rivers Group grew its stake in SPDR S&P MidCap 400 ETF Trust by 0.8% during the fourth quarter. Bay Rivers Group now owns 8,033 shares of the exchange traded fund’s stock worth $4,575,000 after purchasing an additional 64 shares during the period. Foundations Investment Advisors LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 5.5% during the fourth quarter. Foundations Investment Advisors LLC now owns 1,039 shares of the exchange traded fund’s stock worth $592,000 after purchasing an additional 54 shares during the period. Finally, Blue Trust Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust by 14.2% in the fourth quarter. Blue Trust Inc. now owns 821 shares of the exchange traded fund’s stock worth $468,000 after purchasing an additional 102 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $589.68 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $495.53 and a 52-week high of $624.13. The stock’s 50 day moving average price is $590.47 and its two-hundred day moving average price is $573.03. The stock has a market capitalization of $23.30 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.

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.