Alliancebernstein L.P. reduced its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 7.1% in the 4th quarter, Holdings Channel reports. The firm owned 260,324 shares of the exchange traded fund’s stock after selling 19,767 shares during the quarter. Alliancebernstein L.P.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $148,275,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of MDY. Hohimer Wealth Management LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 1.5% during the third quarter. Hohimer Wealth Management LLC now owns 1,201 shares of the exchange traded fund’s stock valued at $684,000 after acquiring an additional 18 shares during the last quarter. WP Advisors LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 2.7% during the fourth quarter. WP Advisors LLC now owns 694 shares of the exchange traded fund’s stock worth $395,000 after purchasing an additional 18 shares during the period. Rothschild Investment LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 20.0% in the fourth quarter. Rothschild Investment LLC now owns 120 shares of the exchange traded fund’s stock worth $69,000 after purchasing an additional 20 shares in the last quarter. Mutual Advisors LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 0.6% in the fourth quarter. Mutual Advisors LLC now owns 3,757 shares of the exchange traded fund’s stock worth $2,211,000 after purchasing an additional 21 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.8% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 506 shares of the exchange traded fund’s stock worth $288,000 after buying an additional 23 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.5 %
SPDR S&P MidCap 400 ETF Trust stock opened at $536.37 on Wednesday. The company has a market capitalization of $22.00 billion, a PE ratio of 18.90 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $511.97 and a 12-month high of $624.13. The firm’s fifty day moving average is $564.73 and its 200 day moving average is $576.41.
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.
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