Miracle Mile Advisors LLC Sells 1,800 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Miracle Mile Advisors LLC lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 30,065 shares of the exchange traded fund’s stock after selling 1,800 shares during the quarter. Miracle Mile Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $17,124,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.2% during the third 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 in the last quarter. GenTrust LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 0.5% in the 3rd quarter. GenTrust LLC now owns 3,372 shares of the exchange traded fund’s stock worth $1,927,000 after purchasing an additional 18 shares during the period. Hohimer Wealth Management LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 1.5% during the 3rd quarter. Hohimer Wealth Management LLC now owns 1,201 shares of the exchange traded fund’s stock valued at $684,000 after buying an additional 18 shares in the last quarter. Asset Management Group Inc. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% during the second quarter. Asset Management Group Inc. now owns 4,864 shares of the exchange traded fund’s stock valued at $2,603,000 after buying an additional 19 shares during the last quarter. Finally, SPC Financial Inc. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 3.2% in the third quarter. SPC Financial Inc. now owns 619 shares of the exchange traded fund’s stock worth $353,000 after buying an additional 19 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.8 %

MDY traded up $4.59 during trading on Monday, hitting $570.20. 639,239 shares of the company traded hands, compared to its average volume of 828,834. The company has a market cap of $22.53 billion, a PE ratio of 15.70 and a beta of 1.09. The stock’s 50-day simple moving average is $591.02 and its two-hundred day simple moving average is $568.35. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $487.66 and a 1 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.