Bell Bank Sells 87 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Bell Bank cut its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,398 shares of the exchange traded fund’s stock after selling 87 shares during the quarter. Bell Bank’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $796,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of MDY. Alpha Financial Partners LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $1,262,000. Foundations Investment Advisors LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 21.2% in the third quarter. Foundations Investment Advisors LLC now owns 985 shares of the exchange traded fund’s stock valued at $561,000 after buying an additional 172 shares during the period. Signaturefd LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 884.1% in the third quarter. Signaturefd LLC now owns 620 shares of the exchange traded fund’s stock worth $353,000 after purchasing an additional 557 shares during the period. Private Advisor Group LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.8% in the 3rd quarter. Private Advisor Group LLC now owns 13,371 shares of the exchange traded fund’s stock valued at $7,617,000 after buying an additional 364 shares in the last quarter. Finally, YHB Investment Advisors Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $210,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 2.4 %

Shares of MDY opened at $566.50 on Friday. The stock has a market cap of $23.86 billion, a PE ratio of 19.87 and a beta of 1.13. The business has a 50-day simple moving average of $582.80 and a two-hundred day simple moving average of $576.38. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $511.97 and a 12-month 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.