Blackston Financial Advisory Group LLC Trims Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Blackston Financial Advisory Group LLC lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 9.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,405 shares of the exchange traded fund’s stock after selling 143 shares during the quarter. Blackston Financial Advisory Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $750,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in MDY. Quantbot Technologies LP bought a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $604,000. Principal Securities Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 7.5% in the fourth quarter. Principal Securities Inc. now owns 613 shares of the exchange traded fund’s stock worth $349,000 after purchasing an additional 43 shares during the last quarter. Runnymede Capital Advisors Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth approximately $1,192,000. TD Private Client Wealth LLC raised its stake in SPDR S&P MidCap 400 ETF Trust by 1.8% in the fourth quarter. TD Private Client Wealth LLC now owns 3,837 shares of the exchange traded fund’s stock valued at $2,185,000 after purchasing an additional 66 shares in the last quarter. Finally, Valeo Financial Advisors LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 16.3% during the fourth quarter. Valeo Financial Advisors LLC now owns 879 shares of the exchange traded fund’s stock valued at $501,000 after purchasing an additional 123 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY stock opened at $556.83 on Tuesday. The firm has a 50 day simple moving average of $535.62 and a two-hundred day simple moving average of $556.85. The stock has a market cap of $22.38 billion, a PE ratio of 18.14 and a beta of 1.07. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year 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.