GFS Advisors LLC Has $8.82 Million Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

GFS Advisors LLC trimmed its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 4.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,488 shares of the exchange traded fund’s stock after selling 655 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up about 1.3% of GFS Advisors LLC’s portfolio, making the stock its 27th largest holding. GFS Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,822,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. PFG Investments LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 17.3% during the fourth quarter. PFG Investments LLC now owns 767 shares of the exchange traded fund’s stock worth $437,000 after buying an additional 113 shares in the last quarter. Flagstar Advisors Inc. grew its position in SPDR S&P MidCap 400 ETF Trust by 2.7% during the 3rd quarter. Flagstar Advisors Inc. now owns 5,700 shares of the exchange traded fund’s stock worth $3,256,000 after acquiring an additional 152 shares during the last quarter. Signaturefd LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 884.1% in the 3rd quarter. Signaturefd LLC now owns 620 shares of the exchange traded fund’s stock worth $353,000 after purchasing an additional 557 shares in the last quarter. Thrivent Financial for Lutherans raised its position in SPDR S&P MidCap 400 ETF Trust by 16.0% in the second quarter. Thrivent Financial for Lutherans now owns 2,719 shares of the exchange traded fund’s stock valued at $1,455,000 after purchasing an additional 376 shares during the last quarter. Finally, Inspire Trust Co. N.A. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 19.1% during the third quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock valued at $6,735,000 after purchasing an additional 1,900 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 1.0 %

NYSEARCA:MDY opened at $590.68 on Friday. The stock’s 50-day moving average is $590.36 and its 200-day moving average is $573.31. The stock has a market cap of $23.34 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $495.53 and a 1-year high of $624.13.

SPDR S&P MidCap 400 ETF Trust 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.