Palisade Asset Management LLC Cuts Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Palisade Asset Management LLC cut its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,846 shares of the exchange traded fund’s stock after selling 112 shares during the period. Palisade Asset Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,533,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of MDY. West Branch Capital LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $25,000. Hazlett Burt & Watson Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 30 shares in the last quarter. Authentikos Wealth Advisory LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $32,000. Bruce G. Allen Investments LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $44,000. Finally, Anchor Investment Management LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $51,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.4 %

MDY traded down $2.38 on Wednesday, reaching $542.30. The company’s stock had a trading volume of 704,693 shares, compared to its average volume of 938,131. The stock has a 50 day moving average of $536.68 and a two-hundred day moving average of $504.07. The company has a market capitalization of $22.07 billion, a price-to-earnings ratio of 15.15 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $424.22 and a fifty-two week high of $558.34.

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.