Financial Partners Group LLC lessened its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 5.4% in the fourth quarter, HoldingsChannel reports. The firm owned 2,088 shares of the exchange traded fund’s stock after selling 120 shares during the period. Financial Partners Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,189,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also added to or reduced their stakes in MDY. DiNuzzo Private Wealth Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at approximately $28,000. West Financial Advisors LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $28,000. Brooklyn Investment Group bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $36,000. Beaird Harris Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth about $67,000. Finally, Peterson Financial Group Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at about $68,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
Shares of NYSEARCA MDY opened at $598.53 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $495.53 and a 1 year high of $624.13. The firm has a 50-day simple moving average of $589.97 and a two-hundred day simple moving average of $571.21. The company has a market cap of $23.65 billion, a P/E 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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