Sterling Investment Advisors Ltd. Lowers Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Sterling Investment Advisors Ltd. reduced its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDYFree Report) by 5.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,482 shares of the exchange traded fund’s stock after selling 273 shares during the period. Sterling Investment Advisors Ltd.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,553,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. FCG Investment Co grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 11.0% during the 3rd quarter. FCG Investment Co now owns 1,027 shares of the exchange traded fund’s stock valued at $585,000 after buying an additional 102 shares during the period. Tower View Wealth Management LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 2.3% in the 3rd quarter. Tower View Wealth Management LLC now owns 4,657 shares of the exchange traded fund’s stock worth $2,653,000 after purchasing an additional 104 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in SPDR S&P MidCap 400 ETF Trust by 1.2% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock worth $886,000 after purchasing an additional 18 shares during the last quarter. Integrated Advisors Network LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.4% in the third quarter. Integrated Advisors Network LLC now owns 3,539 shares of the exchange traded fund’s stock valued at $2,016,000 after acquiring an additional 50 shares in the last quarter. Finally, Bay Rivers Group lifted its stake in SPDR S&P MidCap 400 ETF Trust by 0.4% during the third quarter. Bay Rivers Group now owns 7,969 shares of the exchange traded fund’s stock valued at $4,539,000 after purchasing an additional 33 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA:MDY opened at $565.76 on Tuesday. The company has a market cap of $23.83 billion, a PE ratio of 19.87 and a beta of 1.13. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $511.97 and a 52 week high of $624.13. The firm has a 50 day simple moving average of $581.48 and a 200 day simple moving average of $577.58.

SPDR S&P MidCap 400 ETF Trust Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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