Howland Capital Management LLC Trims Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Howland Capital Management LLC reduced its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 10.1% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,597 shares of the exchange traded fund’s stock after selling 180 shares during the period. Howland Capital Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $890,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. West Branch Capital LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $25,000. Hazlett Burt & Watson Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 111.1% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 30 shares in the last quarter. Toth Financial Advisory Corp increased its position in SPDR S&P MidCap 400 ETF Trust by 68.2% during the first quarter. Toth Financial Advisory Corp now owns 74 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 30 shares in the last quarter. Bruce G. Allen Investments LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $44,000. Finally, Register Financial Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at $52,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock traded up $12.87 during midday trading on Thursday, reaching $546.79. The stock had a trading volume of 1,263,060 shares, compared to its average volume of 884,220. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $424.22 and a twelve month high of $558.34. The stock has a market capitalization of $21.61 billion, a PE ratio of 15.70 and a beta of 1.09. The stock’s 50-day simple moving average is $539.06 and its 200 day simple moving average is $527.53.

SPDR S&P MidCap 400 ETF Trust Company 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.