Steph & Co. Sells 82 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Steph & Co. decreased its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.3% during the fourth quarter, HoldingsChannel reports. The firm owned 6,310 shares of the exchange traded fund’s stock after selling 82 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up approximately 1.2% of Steph & Co.’s holdings, making the stock its 16th biggest holding. Steph & Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,594,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $258,000. Envestnet Asset Management Inc. increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 7.8% during the second quarter. Envestnet Asset Management Inc. now owns 70,453 shares of the exchange traded fund’s stock valued at $37,698,000 after purchasing an additional 5,105 shares in the last quarter. One Capital Management LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 79.0% in the 2nd quarter. One Capital Management LLC now owns 1,280 shares of the exchange traded fund’s stock worth $685,000 after purchasing an additional 565 shares during the last quarter. Plancorp LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 22.8% in the second quarter. Plancorp LLC now owns 969 shares of the exchange traded fund’s stock worth $518,000 after buying an additional 180 shares during the last quarter. Finally, Wealth Alliance raised its holdings in SPDR S&P MidCap 400 ETF Trust by 16.2% in the 2nd quarter. Wealth Alliance now owns 773 shares of the exchange traded fund’s stock worth $414,000 after acquiring an additional 108 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $584.24 on Thursday. The stock has a fifty day moving average of $591.05 and a 200 day moving average of $568.90. The stock has a market cap of $23.09 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a one year low of $487.66 and a one year high of $624.13.

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.