Montag A & Associates Inc. Has $62.65 Million Stock Position in SPDR S&P MidCap 400 ETF Trust $MDY

Montag A & Associates Inc. trimmed its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.6% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 103,466 shares of the exchange traded fund’s stock after selling 1,735 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises approximately 2.9% of Montag A & Associates Inc.’s portfolio, making the stock its 6th biggest position. Montag A & Associates Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $62,645,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sound Income Strategies LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 177.8% in the fourth quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 32 shares during the last quarter. Activest Wealth Management lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 125.0% in the 3rd quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 30 shares in the last quarter. High Point Wealth Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $34,000. Cloud Capital Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 255.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 51 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $664.35 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $528.24 and a 1 year high of $675.77. The stock’s 50 day simple moving average is $637.75 and its two-hundred day simple moving average is $622.32. The company has a market cap of $26.10 billion, a price-to-earnings ratio of 18.98 and a beta of 1.02.

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