Pacific Center for Financial Services Sells 517 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Pacific Center for Financial Services decreased its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDYFree Report) by 3.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,938 shares of the exchange traded fund’s stock after selling 517 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up 2.2% of Pacific Center for Financial Services’ portfolio, making the stock its 12th largest position. Pacific Center for Financial Services’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,072,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Deutsche Bank AG increased its holdings in SPDR S&P MidCap 400 ETF Trust by 0.9% during the 3rd quarter. Deutsche Bank AG now owns 2,695 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 24 shares during the period. Kestra Advisory Services LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 153.2% during the third quarter. Kestra Advisory Services LLC now owns 25,351 shares of the exchange traded fund’s stock valued at $11,576,000 after buying an additional 15,337 shares during the period. Systematic Alpha Investments LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $137,000. QRG Capital Management Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $289,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth about $1,768,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA:MDY traded down $6.76 during trading hours on Friday, hitting $530.35. The company’s stock had a trading volume of 925,792 shares, compared to its average volume of 895,396. The firm’s fifty day moving average price is $537.50 and its 200 day moving average price is $521.60. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $424.22 and a 52 week high of $558.34. The company has a market capitalization of $20.96 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.

SPDR S&P MidCap 400 ETF Trust Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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