KCM Investment Advisors LLC Reduces Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

KCM Investment Advisors LLC decreased its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.4% in the fourth quarter, Holdings Channel reports. The fund owned 15,028 shares of the exchange traded fund’s stock after selling 373 shares during the period. KCM Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,560,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of MDY. PFG Investments LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 17.3% during the fourth quarter. PFG Investments LLC now owns 767 shares of the exchange traded fund’s stock worth $437,000 after buying an additional 113 shares in the last quarter. Inspire Trust Co. N.A. raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 19.1% during the 3rd quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock worth $6,735,000 after acquiring an additional 1,900 shares during the period. Frisch Financial Group Inc. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 7.4% during the 3rd quarter. Frisch Financial Group Inc. now owns 2,129 shares of the exchange traded fund’s stock valued at $1,216,000 after acquiring an additional 146 shares during the last quarter. Avior Wealth Management LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 24.3% in the fourth quarter. Avior Wealth Management LLC now owns 593 shares of the exchange traded fund’s stock valued at $338,000 after purchasing an additional 116 shares during the period. Finally, Principal Securities Inc. increased its position in SPDR S&P MidCap 400 ETF Trust by 7.5% during the fourth quarter. Principal Securities Inc. now owns 613 shares of the exchange traded fund’s stock worth $349,000 after purchasing an additional 43 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY stock opened at $483.74 on Friday. The company has a market capitalization of $19.84 billion, a PE ratio of 18.90 and a beta of 1.14. The firm’s 50-day moving average is $559.58 and its two-hundred day moving average is $575.19. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $473.84 and a 12 month high of $624.13.

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.