Davis R M Inc. reduced its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 0.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 7,319 shares of the exchange traded fund’s stock after selling 64 shares during the period. Davis R M Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,714,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in MDY. West Branch Capital LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $25,000. Hazlett Burt & Watson Inc. raised its stake in 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 valued at $29,000 after buying an additional 30 shares during the last quarter. Authentikos Wealth Advisory LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $32,000. Bruce G. Allen Investments LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $44,000. Finally, Anchor Investment Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $51,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of MDY stock traded down $1.38 during mid-day trading on Wednesday, reaching $549.78. 145,751 shares of the company’s stock traded hands, compared to its average volume of 898,479. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $424.22 and a 12 month high of $558.34. The firm has a 50 day moving average price of $539.67 and a two-hundred day moving average price of $512.18. The firm has a market capitalization of $21.73 billion, a PE 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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Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
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