Lionsbridge Wealth Management LLC Has $2.73 Million Stock Position in SPDR S&P MidCap 400 ETF Trust $MDY

Lionsbridge Wealth Management LLC trimmed its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 17.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,532 shares of the exchange traded fund’s stock after selling 928 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up 2.8% of Lionsbridge Wealth Management LLC’s portfolio, making the stock its 12th biggest position. Lionsbridge Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,734,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Atria Investments Inc increased its position in SPDR S&P MidCap 400 ETF Trust by 143.7% in the third quarter. Atria Investments Inc now owns 6,064 shares of the exchange traded fund’s stock worth $3,614,000 after purchasing an additional 3,576 shares during the period. NewEdge Wealth LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 190.8% in the third quarter. NewEdge Wealth LLC now owns 2,012 shares of the exchange traded fund’s stock worth $1,190,000 after purchasing an additional 1,320 shares during the period. First Horizon Corp acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $6,724,000. Savvy Advisors Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $620,000. Finally, HB Wealth Management LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 32.7% in the third quarter. HB Wealth Management LLC now owns 5,135 shares of the exchange traded fund’s stock worth $3,061,000 after purchasing an additional 1,266 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.2%

Shares of MDY stock opened at $652.71 on Friday. The stock has a 50-day moving average price of $635.65 and a 200 day moving average price of $617.42. The firm has a market cap of $25.50 billion, a price-to-earnings ratio of 18.98 and a beta of 1.03. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $485.27 and a 12 month high of $662.65.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.