MCF Advisors LLC Cuts Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

MCF Advisors LLC reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 22,941 shares of the exchange traded fund’s stock after selling 76 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for approximately 0.9% of MCF Advisors LLC’s portfolio, making the stock its 19th biggest position. MCF Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $13,090,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. DiNuzzo Private Wealth Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth $28,000. West Financial Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $28,000. Brooklyn Investment Group bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $36,000. Beaird Harris Wealth Management LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $67,000. Finally, Peterson Financial Group Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at about $68,000.

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

Shares of NYSEARCA MDY opened at $601.18 on Wednesday. The stock’s 50 day moving average price is $589.96 and its 200-day moving average price is $570.51. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $495.53 and a twelve month high of $624.13. The company has a market capitalization of $23.76 billion, a PE ratio of 15.70 and a beta of 1.09.

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.