Investment Research & Advisory Group Inc. Reduces Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Investment Research & Advisory Group Inc. cut its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 40.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 503 shares of the exchange traded fund’s stock after selling 344 shares during the period. Investment Research & Advisory Group Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $286,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in MDY. International Assets Investment Management LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the third quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock worth $1,237,772,000 after buying an additional 2,169,344 shares in the last quarter. SG Americas Securities LLC raised its stake in SPDR S&P MidCap 400 ETF Trust by 1,411.1% during the fourth quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock worth $151,355,000 after purchasing an additional 248,146 shares during the period. Arvest Bank Trust Division acquired a new position in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at $137,029,000. Integrated Investment Consultants LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $160,000. Finally, Black Swift Group LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $14,417,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.2 %

NYSEARCA MDY opened at $597.49 on Friday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $495.53 and a fifty-two week high of $624.13. The stock has a market cap of $23.61 billion, a PE ratio of 15.70 and a beta of 1.09. The business has a 50 day moving average price of $590.32 and a two-hundred day moving average price of $571.86.

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.