Portland Global Advisors LLC Has $39.91 Million Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Portland Global Advisors LLC trimmed its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,064 shares of the exchange traded fund’s stock after selling 1,597 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises about 5.1% of Portland Global Advisors LLC’s portfolio, making the stock its 3rd largest position. Portland Global Advisors LLC owned approximately 0.18% of SPDR S&P MidCap 400 ETF Trust worth $39,907,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hohimer Wealth Management LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 1.5% during the third quarter. Hohimer Wealth Management LLC now owns 1,201 shares of the exchange traded fund’s stock worth $684,000 after buying an additional 18 shares in the last quarter. WP Advisors LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.7% during the 4th quarter. WP Advisors LLC now owns 694 shares of the exchange traded fund’s stock worth $395,000 after purchasing an additional 18 shares during the period. Rothschild Investment LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 20.0% in the 4th quarter. Rothschild Investment LLC now owns 120 shares of the exchange traded fund’s stock valued at $69,000 after purchasing an additional 20 shares during the last quarter. Mutual Advisors LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.6% during the fourth quarter. Mutual Advisors LLC now owns 3,757 shares of the exchange traded fund’s stock worth $2,211,000 after purchasing an additional 21 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 4.8% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 506 shares of the exchange traded fund’s stock worth $288,000 after purchasing an additional 23 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA:MDY opened at $532.23 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $511.97 and a 1 year high of $624.13. The stock has a 50-day simple moving average of $567.18 and a 200-day simple moving average of $576.38. The stock 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 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.