Progressive Investment Management Corp Decreases Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Progressive Investment Management Corp lessened its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 24.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 799 shares of the exchange traded fund’s stock after selling 258 shares during the quarter. Progressive Investment Management Corp’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $455,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. D.A. Davidson & CO. grew its stake in SPDR S&P MidCap 400 ETF Trust by 7.5% in the 3rd quarter. D.A. Davidson & CO. now owns 1,108 shares of the exchange traded fund’s stock valued at $632,000 after acquiring an additional 77 shares during the last quarter. FMR LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 5.4% in the third quarter. FMR LLC now owns 27,731 shares of the exchange traded fund’s stock valued at $15,797,000 after purchasing an additional 1,426 shares during the last quarter. Cynosure Group LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 9.3% during the 3rd quarter. Cynosure Group LLC now owns 446 shares of the exchange traded fund’s stock worth $254,000 after purchasing an additional 38 shares in the last quarter. Glenmede Trust Co. NA raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.7% during the 3rd quarter. Glenmede Trust Co. NA now owns 30,632 shares of the exchange traded fund’s stock worth $17,450,000 after purchasing an additional 200 shares during the last quarter. Finally, CreativeOne Wealth LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 3.6% in the 3rd quarter. CreativeOne Wealth LLC now owns 2,332 shares of the exchange traded fund’s stock valued at $1,328,000 after buying an additional 81 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA MDY opened at $532.23 on Friday. The company has a market cap of $21.83 billion, a P/E ratio of 18.90 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $511.97 and a 12 month high of $624.13. The company has a 50-day moving average of $567.18 and a 200-day moving average of $576.12.

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.