Valmark Advisers Inc. Sells 530 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Valmark Advisers Inc. lowered its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 17.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,552 shares of the exchange traded fund’s stock after selling 530 shares during the quarter. Valmark Advisers Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,453,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in SPDR S&P MidCap 400 ETF Trust by 1.2% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock worth $886,000 after purchasing an additional 18 shares during the period. GenTrust LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 0.5% in the 3rd quarter. GenTrust LLC now owns 3,372 shares of the exchange traded fund’s stock worth $1,927,000 after purchasing an additional 18 shares during the period. Hohimer Wealth Management LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 1.5% in the 3rd quarter. Hohimer Wealth Management LLC now owns 1,201 shares of the exchange traded fund’s stock worth $684,000 after purchasing an additional 18 shares during the period. Mutual Advisors LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 0.6% in the 4th quarter. Mutual Advisors LLC now owns 3,757 shares of the exchange traded fund’s stock worth $2,211,000 after purchasing an additional 21 shares during the period. Finally, Highview Capital Management LLC DE boosted its stake in SPDR S&P MidCap 400 ETF Trust by 0.3% in the 3rd quarter. Highview Capital Management LLC DE now owns 8,133 shares of the exchange traded fund’s stock worth $4,633,000 after purchasing an additional 22 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.1 %

Shares of MDY opened at $583.99 on Monday. The company has a market cap of $23.08 billion, a PE ratio of 15.70 and a beta of 1.09. The stock has a 50-day moving average price of $584.34 and a 200-day moving average price of $575.64. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $510.45 and a 12-month high of $624.13.

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.