Commonwealth Equity Services LLC Trims Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Commonwealth Equity Services LLC lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 27.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 115,439 shares of the exchange traded fund’s stock after selling 43,068 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.29% of SPDR S&P MidCap 400 ETF Trust worth $58,572,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. West Branch Capital LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $25,000. Hazlett Burt & Watson Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 30 shares in the last quarter. Authentikos Wealth Advisory LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter valued at $32,000. Bruce G. Allen Investments LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $44,000. Finally, FinTrust Capital Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $46,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 1.0 %

MDY stock traded up $5.35 during trading on Friday, hitting $535.41. 951,016 shares of the company’s stock traded hands, compared to its average volume of 945,080. The firm has a market capitalization of $21.79 billion, a P/E ratio of 15.15 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $424.22 and a 1 year high of $558.34. The business has a fifty day simple moving average of $535.56 and a two-hundred day simple moving average of $501.35.

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.