HB Wealth Management LLC Lowers Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

HB Wealth Management LLC reduced its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 33.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,457 shares of the exchange traded fund’s stock after selling 3,230 shares during the period. HB Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,678,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sanibel Captiva Trust Company Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 46.0% in 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 buying an additional 665 shares during the last quarter. Integrated Investment Consultants LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $160,000. Arkadios Wealth Advisors grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.7% in the fourth quarter. Arkadios Wealth Advisors now owns 1,368 shares of the exchange traded fund’s stock valued at $779,000 after acquiring an additional 62 shares in the last quarter. InTrack Investment Management Inc increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 11.0% during the fourth quarter. InTrack Investment Management Inc now owns 5,034 shares of the exchange traded fund’s stock valued at $2,903,000 after acquiring an additional 500 shares during the last quarter. Finally, Brooklyn Investment Group bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $36,000.

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

MDY stock opened at $591.11 on Monday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $490.24 and a 1-year high of $624.13. The stock has a market cap of $23.36 billion, a P/E ratio of 15.70 and a beta of 1.09. The stock’s fifty day simple moving average is $590.29 and its two-hundred day simple moving average is $569.84.

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.