Nwam LLC Trims Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Nwam LLC reduced its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 38.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,370 shares of the exchange traded fund’s stock after selling 873 shares during the quarter. Nwam LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $781,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in MDY. Strategic Financial Concepts LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock valued at $214,932,000 after purchasing an additional 376,929 shares during the period. SG Americas Securities LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 1,411.1% during the 4th quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock valued at $151,355,000 after purchasing an additional 248,146 shares during the period. Arvest Bank Trust Division bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $137,029,000. Washburn Capital Management Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $35,872,000. Finally, Serenus Wealth Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $17,820,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 1.1 %

Shares of MDY stock opened at $565.80 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $511.97 and a 12 month high of $624.13. The stock has a market cap of $23.83 billion, a PE ratio of 19.87 and a beta of 1.13. The company’s fifty day moving average price is $580.64 and its 200-day moving average price is $577.81.

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.