Madison Park Capital Advisors LLC Lowers Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Madison Park Capital Advisors LLC trimmed its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 23.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 11,079 shares of the exchange traded fund’s stock after selling 3,422 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for about 5.0% of Madison Park Capital Advisors LLC’s holdings, making the stock its 6th largest position. Madison Park Capital Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,310,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. International Assets Investment Management LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the third quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock worth $1,237,772,000 after purchasing an additional 2,169,344 shares during the last quarter. Arvest Bank Trust Division bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth $137,029,000. Integrated Investment Consultants LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $160,000. Black Swift Group LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth $14,417,000. Finally, Commonwealth Equity Services LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 23.2% during the third quarter. Commonwealth Equity Services LLC now owns 133,481 shares of the exchange traded fund’s stock worth $76,039,000 after purchasing an additional 25,179 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY stock opened at $601.18 on Wednesday. The stock’s fifty day moving average is $589.96 and its 200-day moving average is $571.02. The stock has a market capitalization of $23.76 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $495.53 and a 52 week high of $624.13.

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.