Meridian Financial LLC Decreases Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Meridian Financial LLC decreased its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 4.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,448 shares of the exchange traded fund’s stock after selling 164 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for about 1.4% of Meridian Financial LLC’s portfolio, making the stock its 20th largest position. Meridian Financial LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,964,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Orgel Wealth Management LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 1.9% during the fourth quarter. Orgel Wealth Management LLC now owns 1,637 shares of the exchange traded fund’s stock valued at $932,000 after acquiring an additional 31 shares during the last quarter. Ameritas Advisory Services LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 90.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 3,989 shares of the exchange traded fund’s stock worth $2,272,000 after acquiring an additional 1,897 shares during the last quarter. Sanibel Captiva Trust Company Inc. boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 46.0% during the 4th quarter. Sanibel Captiva Trust Company Inc. now owns 2,112 shares of the exchange traded fund’s stock valued at $1,203,000 after acquiring an additional 665 shares during the period. Integrated Investment Consultants LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at $160,000. Finally, Arkadios Wealth Advisors lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 4.7% during the fourth quarter. Arkadios Wealth Advisors now owns 1,368 shares of the exchange traded fund’s stock worth $779,000 after purchasing an additional 62 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.4 %

Shares of MDY opened at $591.11 on Friday. The firm has a market capitalization of $23.36 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $490.24 and a 12-month high of $624.13. The firm has a fifty day moving average price of $590.29 and a 200-day moving average price of $569.57.

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.