ProVise Management Group LLC Sells 300 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

ProVise Management Group LLC lowered its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 35.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 539 shares of the exchange traded fund’s stock after selling 300 shares during the period. ProVise Management Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $273,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Orion Portfolio Solutions LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 29.8% in the 4th quarter. Orion Portfolio Solutions LLC now owns 1,346 shares of the exchange traded fund’s stock valued at $675,000 after buying an additional 309 shares in the last quarter. Weil Company Inc. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 862.9% during the fourth quarter. Weil Company Inc. now owns 8,262 shares of the exchange traded fund’s stock worth $4,192,000 after buying an additional 7,404 shares in the last quarter. Nemes Rush Group LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 18.9% in the fourth quarter. Nemes Rush Group LLC now owns 1,649 shares of the exchange traded fund’s stock valued at $837,000 after acquiring an additional 262 shares during the period. Corient Private Wealth LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% in the fourth quarter. Corient Private Wealth LLC now owns 257,113 shares of the exchange traded fund’s stock valued at $130,455,000 after acquiring an additional 3,722 shares in the last quarter. Finally, Sachetta LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $1,037,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

SPDR S&P MidCap 400 ETF Trust stock traded up $4.72 during midday trading on Friday, hitting $544.61. The company’s stock had a trading volume of 690,800 shares, compared to its average volume of 897,564. The company has a market cap of $21.52 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $424.22 and a 1-year high of $558.34. The company has a 50-day moving average price of $540.07 and a two-hundred day moving average price of $513.74.

SPDR S&P MidCap 400 ETF Trust Company 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.