Mesirow Financial Investment Management Inc. Trims Stock Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Mesirow Financial Investment Management Inc. trimmed its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 13.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 22,000 shares of the exchange traded fund’s stock after selling 3,355 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $13,274,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Lewis Asset Management LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the fourth quarter. Lewis Asset Management LLC now owns 3,681 shares of the exchange traded fund’s stock worth $2,220,000 after buying an additional 18 shares during the period. PFG Investments LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 2.5% during the 4th quarter. PFG Investments LLC now owns 741 shares of the exchange traded fund’s stock worth $447,000 after purchasing an additional 18 shares during the period. TD Waterhouse Canada Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust by 0.4% during the 4th quarter. TD Waterhouse Canada Inc. now owns 4,965 shares of the exchange traded fund’s stock worth $2,995,000 after purchasing an additional 18 shares during the period. Larson Financial Group LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 2.8% during the 3rd quarter. Larson Financial Group LLC now owns 657 shares of the exchange traded fund’s stock worth $392,000 after purchasing an additional 18 shares during the period. Finally, Assetmark Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust by 10.0% during the 3rd quarter. Assetmark Inc. now owns 209 shares of the exchange traded fund’s stock worth $125,000 after purchasing an additional 19 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.2%

MDY opened at $667.42 on Thursday. The stock’s fifty day moving average is $640.22 and its two-hundred day moving average is $626.40. The company has a market capitalization of $26.22 billion, a P/E ratio of 18.98 and a beta of 1.02. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $537.75 and a 52 week high of $685.50.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.