Pittenger & Anderson Inc. Cuts Stock Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Pittenger & Anderson Inc. lowered its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 9.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 58,782 shares of the exchange traded fund’s stock after selling 6,050 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises approximately 1.4% of Pittenger & Anderson Inc.’s holdings, making the stock its 15th largest holding. Pittenger & Anderson Inc. owned 0.15% of SPDR S&P MidCap 400 ETF Trust worth $36,254,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in MDY. Moors & Cabot Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 1.0% in the 4th quarter. Moors & Cabot Inc. now owns 1,542 shares of the exchange traded fund’s stock worth $930,000 after acquiring an additional 16 shares during the last quarter. Colonial Trust Co SC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.4% during the 4th quarter. Colonial Trust Co SC now owns 689 shares of the exchange traded fund’s stock valued at $416,000 after acquiring an additional 16 shares during the last quarter. Lewis Asset Management LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the fourth quarter. Lewis Asset Management LLC now owns 3,681 shares of the exchange traded fund’s stock valued at $2,220,000 after purchasing an additional 18 shares in the last quarter. PFG Investments LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.5% in the fourth quarter. PFG Investments LLC now owns 741 shares of the exchange traded fund’s stock valued at $447,000 after purchasing an additional 18 shares in the last quarter. Finally, TD Waterhouse Canada Inc. increased its position in SPDR S&P MidCap 400 ETF Trust by 0.4% in the fourth quarter. TD Waterhouse Canada Inc. now owns 4,965 shares of the exchange traded fund’s stock worth $2,995,000 after purchasing an additional 18 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.1%

SPDR S&P MidCap 400 ETF Trust stock traded down $0.40 during mid-day trading on Friday, reaching $689.82. 613,320 shares of the company’s stock traded hands, compared to its average volume of 968,925. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $559.89 and a 12-month high of $704.45. The stock has a 50 day moving average of $681.67 and a two-hundred day moving average of $651.45. The company has a market cap of $27.23 billion, a price-to-earnings ratio of 18.98 and a beta of 1.00.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.