Parsons Capital Management Inc. RI Sells 32 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Parsons Capital Management Inc. RI decreased its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,740 shares of the exchange traded fund’s stock after selling 32 shares during the period. Parsons Capital Management Inc. RI’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $991,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MDY. DiNuzzo Private Wealth Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at approximately $28,000. West Financial Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $28,000. Brooklyn Investment Group bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $36,000. Peterson Financial Group Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter worth $68,000. Finally, ORG Partners LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 50.0% in the fourth quarter. ORG Partners LLC now owns 129 shares of the exchange traded fund’s stock valued at $74,000 after purchasing an additional 43 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA:MDY opened at $591.30 on Tuesday. The company’s 50-day moving average price is $590.32 and its two-hundred day moving average price is $572.44. SPDR S&P MidCap 400 ETF Trust has a one year low of $495.53 and a one year high of $624.13. The stock has a market capitalization of $23.37 billion, a PE ratio of 15.70 and a beta of 1.09.

SPDR S&P MidCap 400 ETF Trust 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.