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

Bristlecone Advisors LLC reduced its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,729 shares of the exchange traded fund’s stock after selling 25 shares during the quarter. Bristlecone Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,833,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently 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 during the 3rd quarter worth approximately $28,000. West Financial Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $28,000. New Wave Wealth Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $32,000. Brooklyn Investment Group bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $36,000. Finally, Peterson Financial Group Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $68,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 1.2 %

Shares of MDY stock opened at $585.37 on Monday. The business’s fifty day simple moving average is $587.15 and its 200-day simple moving average is $574.72. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $501.24 and a 12-month high of $624.13. The company has a market cap of $23.13 billion, a PE ratio of 15.70 and a beta of 1.09.

About SPDR S&P MidCap 400 ETF Trust

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.