Houlihan Financial Resource Group Ltd. Cuts Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Houlihan Financial Resource Group Ltd. cut its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,427 shares of the exchange traded fund’s stock after selling 168 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for 1.8% of Houlihan Financial Resource Group Ltd.’s holdings, making the stock its 19th biggest holding. Houlihan Financial Resource Group Ltd.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,230,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MDY. Proficio Capital Partners LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 8,245.4% during the fourth quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock worth $330,835,000 after acquiring an additional 573,881 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at about $328,419,000. Strategic Financial Concepts LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the fourth 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 in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 5.9% in the third quarter. JPMorgan Chase & Co. now owns 340,136 shares of the exchange traded fund’s stock worth $193,762,000 after purchasing an additional 19,030 shares during the last quarter. Finally, SG Americas Securities LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the fourth quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock worth $151,355,000 after buying an additional 248,146 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 2.5 %

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $551.07 on Tuesday. 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 50 day moving average of $570.59 and a 200 day moving average of $576.55. The firm has a market cap of $22.81 billion, a PE ratio of 18.55 and a beta of 1.14.

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.