Focus Financial Network Inc. Trims Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Focus Financial Network Inc. reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 7.6% during the 4th quarter, HoldingsChannel reports. The firm owned 3,142 shares of the exchange traded fund’s stock after selling 260 shares during the period. Focus Financial Network Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,790,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock worth $1,237,772,000 after purchasing an additional 2,169,344 shares in the last quarter. US Bancorp DE boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.1% during the 3rd quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock worth $606,098,000 after purchasing an additional 11,719 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 0.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock valued at $437,979,000 after acquiring an additional 5,825 shares during the last quarter. Strategic Financial Concepts LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after buying an additional 376,929 shares during the period. Finally, Raymond James & Associates boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the third quarter. Raymond James & Associates now owns 369,044 shares of the exchange traded fund’s stock worth $210,230,000 after acquiring an additional 1,811 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.5 %

MDY stock opened at $583.12 on Wednesday. The stock has a 50-day moving average price of $586.60 and a two-hundred day moving average price of $575.15. The company has a market cap of $23.04 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $501.24 and a 12-month high of $624.13.

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.