Ardent Capital Management Inc. Lowers Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Ardent Capital Management Inc. reduced its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 6.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 730 shares of the exchange traded fund’s stock after selling 50 shares during the period. Ardent Capital Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $416,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. PFG Investments LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 17.3% in the 4th quarter. PFG Investments LLC now owns 767 shares of the exchange traded fund’s stock valued at $437,000 after purchasing an additional 113 shares during the last quarter. Flagstar Advisors Inc. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.7% in the 3rd quarter. Flagstar Advisors Inc. now owns 5,700 shares of the exchange traded fund’s stock valued at $3,256,000 after purchasing an additional 152 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 884.1% in the 3rd quarter. Signaturefd LLC now owns 620 shares of the exchange traded fund’s stock valued at $353,000 after purchasing an additional 557 shares during the last quarter. Inspire Trust Co. N.A. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 19.1% in the 3rd quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock valued at $6,735,000 after purchasing an additional 1,900 shares during the last quarter. Finally, Frisch Financial Group Inc. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 7.4% in the 3rd quarter. Frisch Financial Group Inc. now owns 2,129 shares of the exchange traded fund’s stock valued at $1,216,000 after purchasing an additional 146 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.0 %

Shares of MDY opened at $580.29 on Friday. The firm has a market cap of $24.44 billion, a PE ratio of 19.87 and a beta of 1.13. The company’s fifty day moving average is $583.25 and its two-hundred day moving average is $576.35. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $510.54 and a fifty-two week 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.