Eldridge Investment Advisors Inc. Reduces Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Eldridge Investment Advisors Inc. lowered its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 6.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,328 shares of the exchange traded fund’s stock after selling 228 shares during the quarter. Eldridge Investment Advisors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,896,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of MDY. J.Safra Asset Management Corp purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $26,000. West Financial Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $28,000. New Wave Wealth Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $32,000. Brooklyn Investment Group purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $36,000. Finally, Synergy Investment Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $44,000.

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

MDY opened at $535.74 on Friday. The business has a fifty day moving average of $574.02 and a 200 day moving average of $576.97. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $511.97 and a 52-week high of $624.13. The stock has a market cap of $22.17 billion, a P/E ratio of 18.55 and a beta of 1.14.

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.