Kanawha Capital Management LLC trimmed its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 5.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,224 shares of the exchange traded fund’s stock after selling 68 shares during the period. Kanawha Capital Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $697,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. West Financial Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $28,000. DiNuzzo Private Wealth Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter worth approximately $28,000. New Wave Wealth Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $32,000. Brooklyn Investment Group acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $36,000. Finally, Peterson Financial Group Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter worth approximately $68,000.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.9 %
Shares of MDY opened at $584.32 on Friday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $506.33 and a 12 month high of $624.13. The firm’s 50 day moving average is $585.33 and its 200-day moving average is $575.33. The stock has a market capitalization of $23.09 billion, a PE ratio of 15.70 and a beta of 1.09.
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.
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Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
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