Providence First Trust Co Has $845,000 Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Providence First Trust Co cut its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 47.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,483 shares of the exchange traded fund’s stock after selling 1,348 shares during the period. Providence First Trust Co’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $845,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in MDY. West Financial Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $28,000. New Wave Wealth Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at approximately $32,000. Brooklyn Investment Group acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $36,000. Peterson Financial Group Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth approximately $68,000. Finally, Newton One Investments LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $69,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 1.1 %

Shares of MDY stock opened at $565.80 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $511.97 and a 12 month high of $624.13. The company’s fifty day simple moving average is $580.64 and its 200-day simple moving average is $577.81. The firm has a market cap of $23.83 billion, a PE ratio of 19.87 and a beta of 1.13.

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.