Firestone Capital Management Sells 31 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Firestone Capital Management cut its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,281 shares of the exchange traded fund’s stock after selling 31 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises about 1.6% of Firestone Capital Management’s holdings, making the stock its 18th largest position. Firestone Capital Management’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,216,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Granite Bay Wealth Management LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 1.3% during the fourth quarter. Granite Bay Wealth Management LLC now owns 2,570,040 shares of the exchange traded fund’s stock worth $1,192,724,000 after purchasing an additional 33,187 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 47,016.7% in the 4th quarter. International Assets Investment Management LLC now owns 1,505,851 shares of the exchange traded fund’s stock valued at $764,039,000 after acquiring an additional 1,502,655 shares during the last quarter. Pathstone Family Office LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 50,563.5% in the 3rd quarter. Pathstone Family Office LLC now owns 963,113 shares of the exchange traded fund’s stock valued at $439,796,000 after acquiring an additional 961,212 shares during the last quarter. Raymond James & Associates lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 9.8% in the 4th quarter. Raymond James & Associates now owns 399,875 shares of the exchange traded fund’s stock valued at $202,889,000 after acquiring an additional 35,734 shares during the last quarter. Finally, Conservest Capital Advisors Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 0.6% during the 3rd quarter. Conservest Capital Advisors Inc. now owns 254,922 shares of the exchange traded fund’s stock valued at $116,408,000 after purchasing an additional 1,478 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY traded down $9.52 during midday trading on Tuesday, reaching $522.76. 801,857 shares of the company’s stock traded hands, compared to its average volume of 940,332. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $424.22 and a 52 week high of $558.34. The firm has a fifty day moving average of $535.01 and a two-hundred day moving average of $500.46. The stock has a market capitalization of $21.27 billion, a price-to-earnings ratio of 15.15 and a beta of 1.09.

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.