SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Position Trimmed by 1834 Investment Advisors Co.

1834 Investment Advisors Co. trimmed its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,556 shares of the exchange traded fund’s stock after selling 25 shares during the quarter. 1834 Investment Advisors Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,025,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. West Financial Advisors LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $28,000. DiNuzzo Private Wealth Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at $28,000. Brooklyn Investment Group purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $36,000. Peterson Financial Group Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth about $68,000. Finally, Beaird Harris Wealth Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth about $67,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $597.49 on Friday. The stock has a 50-day simple moving average of $590.32 and a 200-day simple moving average of $571.86. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $495.53 and a 52-week high of $624.13. The firm has a market cap of $23.61 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.

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.