Advisors Capital Management LLC Lowers Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Advisors Capital Management LLC cut its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,097 shares of the exchange traded fund’s stock after selling 61 shares during the period. Advisors Capital Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $625,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Seeds Investor LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 27.2% during the 4th quarter. Seeds Investor LLC now owns 1,698 shares of the exchange traded fund’s stock valued at $967,000 after acquiring an additional 363 shares in the last quarter. Sagespring Wealth Partners LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $4,962,000. Townsquare Capital LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 12.8% during the fourth quarter. Townsquare Capital LLC now owns 1,504 shares of the exchange traded fund’s stock valued at $857,000 after purchasing an additional 171 shares in the last quarter. Nicolet Bankshares Inc. boosted its position in SPDR S&P MidCap 400 ETF Trust by 4.4% during the fourth quarter. Nicolet Bankshares Inc. now owns 1,252 shares of the exchange traded fund’s stock valued at $713,000 after purchasing an additional 53 shares in the last quarter. Finally, Elios Financial Group Inc. grew its stake in SPDR S&P MidCap 400 ETF Trust by 5.5% in the fourth quarter. Elios Financial Group Inc. now owns 749 shares of the exchange traded fund’s stock valued at $427,000 after purchasing an additional 39 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY stock opened at $502.98 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $624.13. The firm has a market cap of $20.58 billion, a price-to-earnings ratio of 17.11 and a beta of 1.07. The firm has a 50-day simple moving average of $541.91 and a two-hundred day simple moving average of $570.54.

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.