Sigma Planning Corp Sells 1,689 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Sigma Planning Corp lowered its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 25.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,947 shares of the exchange traded fund’s stock after selling 1,689 shares during the quarter. Sigma Planning Corp’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,817,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. West Financial Advisors LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $28,000. New Wave Wealth Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $32,000. Brooklyn Investment Group bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $36,000. Peterson Financial Group Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth $68,000. Finally, Newton One Investments LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $69,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 2.4 %

Shares of MDY stock opened at $566.50 on Friday. The company’s fifty day simple moving average is $582.15 and its 200-day simple moving average is $577.01. The firm has a market cap of $23.86 billion, a PE ratio of 19.87 and a beta of 1.13. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $511.97 and a 12 month high of $624.13.

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.