Sage Financial Management Group Inc. Has $2.81 Million Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Sage Financial Management Group Inc. reduced its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 4,927 shares of the exchange traded fund’s stock after selling 23 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up 1.0% of Sage Financial Management Group Inc.’s investment portfolio, making the stock its 20th largest holding. Sage Financial Management Group Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,807,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in SPDR S&P MidCap 400 ETF Trust by 1.2% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock valued at $886,000 after acquiring an additional 18 shares in the last quarter. GenTrust LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the third quarter. GenTrust LLC now owns 3,372 shares of the exchange traded fund’s stock valued at $1,927,000 after purchasing an additional 18 shares in the last quarter. Hohimer Wealth Management LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% during the third 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 during the last quarter. SPC Financial Inc. grew its holdings in SPDR S&P MidCap 400 ETF Trust by 3.2% during 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. Finally, Mutual Advisors LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 0.6% in the 4th quarter. Mutual Advisors LLC now owns 3,757 shares of the exchange traded fund’s stock valued at $2,211,000 after buying an additional 21 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.4 %

Shares of NYSEARCA:MDY opened at $589.68 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $495.53 and a 1-year high of $624.13. The stock has a market cap of $23.30 billion, a PE ratio of 15.70 and a beta of 1.09. The stock’s fifty day simple moving average is $590.47 and its two-hundred day simple moving average is $573.03.

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.