Blackston Financial Advisory Group LLC Reduces Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Blackston Financial Advisory Group LLC reduced its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,548 shares of the exchange traded fund’s stock after selling 47 shares during the quarter. Blackston Financial Advisory Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $882,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in MDY. US Bancorp DE boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 1.1% in the third quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock valued at $606,098,000 after acquiring an additional 11,719 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock worth $437,979,000 after purchasing an additional 5,825 shares during the period. Strategic Financial Concepts LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock valued at $214,932,000 after purchasing an additional 376,929 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 5.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 340,136 shares of the exchange traded fund’s stock valued at $193,762,000 after purchasing an additional 19,030 shares in the last quarter. Finally, SG Americas Securities LLC increased its position in shares of 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 valued at $151,355,000 after buying an additional 248,146 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY opened at $566.50 on Friday. The company has a 50-day simple moving average of $582.80 and a two-hundred day simple moving average of $576.38. The firm has a market capitalization of $23.86 billion, a PE ratio of 19.87 and a beta of 1.13. SPDR S&P MidCap 400 ETF Trust has a one year low of $511.97 and a one year 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.