Capstone Financial Advisors Inc. Reduces Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Capstone Financial Advisors Inc. lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,734 shares of the exchange traded fund’s stock after selling 378 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for approximately 0.6% of Capstone Financial Advisors Inc.’s holdings, making the stock its 20th biggest holding. Capstone Financial Advisors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,962,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in MDY. PFG Investments LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 17.3% during the fourth quarter. PFG Investments LLC now owns 767 shares of the exchange traded fund’s stock worth $437,000 after buying an additional 113 shares in the last quarter. Inspire Trust Co. N.A. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 19.1% during the third quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock valued at $6,735,000 after buying an additional 1,900 shares during the period. Quantbot Technologies LP purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $604,000. Avior Wealth Management LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 24.3% during the fourth quarter. Avior Wealth Management LLC now owns 593 shares of the exchange traded fund’s stock valued at $338,000 after buying an additional 116 shares during the period. Finally, Principal Securities Inc. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 7.5% during the fourth quarter. Principal Securities Inc. now owns 613 shares of the exchange traded fund’s stock valued at $349,000 after buying an additional 43 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY opened at $517.51 on Monday. The company has a market capitalization of $21.18 billion, a price-to-earnings ratio of 17.11 and a beta of 1.07. The company’s 50 day simple moving average is $529.21 and its 200 day simple moving average is $567.12. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13.

SPDR S&P MidCap 400 ETF Trust Company 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.