Investment Advisory Group LLC Trims Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Investment Advisory Group LLC decreased its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,359 shares of the exchange traded fund’s stock after selling 85 shares during the period. Investment Advisory Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,913,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at $28,000. West Financial Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $28,000. Brooklyn Investment Group purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $36,000. Beaird Harris Wealth Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $67,000. Finally, Peterson Financial Group Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $68,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 1.7 %

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $601.18 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $495.53 and a 12 month high of $624.13. The stock has a 50 day moving average of $589.96 and a 200 day moving average of $571.02. The firm has a market cap of $23.76 billion, a PE ratio of 15.70 and a beta of 1.09.

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.