Mayflower Financial Advisors LLC Lowers Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Mayflower Financial Advisors LLC cut its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,650 shares of the exchange traded fund’s stock after selling 43 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up about 0.8% of Mayflower Financial Advisors LLC’s investment portfolio, making the stock its 29th largest position. Mayflower Financial Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,496,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Matrix Asset Advisors Inc. NY lifted its stake in SPDR S&P MidCap 400 ETF Trust by 0.8% in the fourth quarter. Matrix Asset Advisors Inc. NY now owns 6,566 shares of the exchange traded fund’s stock worth $3,740,000 after acquiring an additional 52 shares during the period. Warner Financial Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 1.8% in the fourth quarter. Warner Financial Inc. now owns 2,260 shares of the exchange traded fund’s stock worth $1,287,000 after purchasing an additional 39 shares in the last quarter. Bay Rivers Group raised its holdings in SPDR S&P MidCap 400 ETF Trust by 0.8% in the fourth quarter. Bay Rivers Group now owns 8,033 shares of the exchange traded fund’s stock worth $4,575,000 after purchasing an additional 64 shares in the last quarter. Foundations Investment Advisors LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 5.5% in the fourth quarter. Foundations Investment Advisors LLC now owns 1,039 shares of the exchange traded fund’s stock worth $592,000 after purchasing an additional 54 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 14.2% in the fourth quarter. Blue Trust Inc. now owns 821 shares of the exchange traded fund’s stock worth $468,000 after purchasing an additional 102 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.1 %

MDY opened at $592.03 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $495.53 and a 52-week high of $624.13. The company has a market cap of $23.40 billion, a P/E ratio of 15.70 and a beta of 1.09. The firm’s 50-day moving average price is $590.39 and its 200-day moving average price is $572.75.

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.