SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Position Reduced by Bell Bank

Bell Bank reduced its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,398 shares of the exchange traded fund’s stock after selling 87 shares during the quarter. Bell Bank’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $796,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of MDY. Alpha Financial Partners LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth $1,262,000. Foundations Investment Advisors LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 21.2% during the 3rd quarter. Foundations Investment Advisors LLC now owns 985 shares of the exchange traded fund’s stock valued at $561,000 after purchasing an additional 172 shares during the period. Signaturefd LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 884.1% during the third quarter. Signaturefd LLC now owns 620 shares of the exchange traded fund’s stock worth $353,000 after acquiring an additional 557 shares during the period. Private Advisor Group LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.8% in the third quarter. Private Advisor Group LLC now owns 13,371 shares of the exchange traded fund’s stock valued at $7,617,000 after buying an additional 364 shares during the period. Finally, YHB Investment Advisors Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at $210,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 2.4 %

NYSEARCA:MDY opened at $566.50 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 firm has a 50-day moving average price of $582.80 and a 200 day moving average price 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.

About SPDR S&P MidCap 400 ETF Trust

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.