Smith Anglin Financial LLC Reduces Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Smith Anglin Financial LLC lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.3% in the fourth quarter, HoldingsChannel reports. The firm owned 13,696 shares of the exchange traded fund’s stock after selling 44 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up about 0.7% of Smith Anglin Financial LLC’s portfolio, making the stock its 23rd biggest holding. Smith Anglin Financial LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,801,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of MDY. DiNuzzo Private Wealth Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $28,000. Kiely Wealth Advisory Group Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $64,000. Beaird Harris Wealth Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $67,000. Peterson Financial Group Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $68,000. Finally, ORG Partners LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 50.0% during the fourth quarter. ORG Partners LLC now owns 129 shares of the exchange traded fund’s stock worth $74,000 after purchasing an additional 43 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY opened at $588.36 on Wednesday. The stock has a market capitalization of $23.25 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $487.66 and a 1 year high of $624.13. The company’s 50-day simple moving average is $591.05 and its 200-day simple moving average is $568.90.

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.