First Pacific Financial trimmed its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 4.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 446 shares of the exchange traded fund’s stock after selling 19 shares during the quarter. First Pacific Financial’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $254,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of MDY. Oppenheimer Asset Management Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $258,000. Envestnet Asset Management Inc. raised its stake in SPDR S&P MidCap 400 ETF Trust by 7.8% in the second quarter. Envestnet Asset Management Inc. now owns 70,453 shares of the exchange traded fund’s stock valued at $37,698,000 after purchasing an additional 5,105 shares in the last quarter. Wealth Alliance lifted its position in SPDR S&P MidCap 400 ETF Trust by 16.2% during the second quarter. Wealth Alliance now owns 773 shares of the exchange traded fund’s stock worth $414,000 after purchasing an additional 108 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in SPDR S&P MidCap 400 ETF Trust by 38.2% during the second quarter. Mercer Global Advisors Inc. ADV now owns 17,003 shares of the exchange traded fund’s stock worth $9,098,000 after buying an additional 4,698 shares in the last quarter. Finally, Blair William & Co. IL increased its holdings in SPDR S&P MidCap 400 ETF Trust by 2.5% in the 2nd quarter. Blair William & Co. IL now owns 68,429 shares of the exchange traded fund’s stock valued at $36,615,000 after buying an additional 1,661 shares during the period.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.7 %
Shares of NYSEARCA:MDY opened at $588.60 on Friday. The stock has a market capitalization of $23.26 billion, a PE ratio of 15.70 and a beta of 1.09. The firm has a 50 day moving average of $590.73 and a 200-day moving average of $569.01. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $487.66 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.
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