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

Scarborough Advisors LLC trimmed its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 11.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 736 shares of the exchange traded fund’s stock after selling 95 shares during the period. Scarborough Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $419,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. West Financial Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $28,000. DiNuzzo Private Wealth Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth $28,000. New Wave Wealth Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $32,000. Brooklyn Investment Group purchased 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. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter valued at about $68,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.1 %

MDY opened at $583.99 on Friday. The company has a market cap of $23.08 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $510.45 and a 12 month high of $624.13. The business’s 50-day moving average price is $584.84 and its 200-day moving average price is $575.39.

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.