Flputnam Investment Management Co. Cuts Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Flputnam Investment Management Co. decreased its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 10.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,252 shares of the exchange traded fund’s stock after selling 1,117 shares during the period. Flputnam Investment Management Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,694,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.7% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 68,281 shares of the exchange traded fund’s stock valued at $31,190,000 after acquiring an additional 3,041 shares during the last quarter. Certified Advisory Corp lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.8% in the 3rd quarter. Certified Advisory Corp now owns 1,122 shares of the exchange traded fund’s stock valued at $513,000 after acquiring an additional 51 shares during the last quarter. Divergent Planning LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 3.2% in the 4th quarter. Divergent Planning LLC now owns 57,457 shares of the exchange traded fund’s stock valued at $29,059,000 after acquiring an additional 1,778 shares during the last quarter. Well Done LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 29.6% in the 4th quarter. Well Done LLC now owns 648 shares of the exchange traded fund’s stock valued at $329,000 after acquiring an additional 148 shares during the last quarter. Finally, Financial Network Wealth Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $1,268,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY traded down $3.55 during trading on Tuesday, hitting $520.55. The stock had a trading volume of 229,506 shares, compared to its average volume of 950,184. The stock has a market capitalization of $20.97 billion, a price-to-earnings ratio of 15.42 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a one year low of $424.22 and a one year high of $558.34. The stock has a 50 day simple moving average of $532.43 and a 200 day simple moving average of $495.22.

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.