Focus Financial Network Inc. Trims Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Focus Financial Network Inc. lowered its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 6.1% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 3,402 shares of the exchange traded fund’s stock after selling 221 shares during the period. Focus Financial Network Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,938,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Stephens Inc. AR raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 22.9% during the 3rd quarter. Stephens Inc. AR now owns 1,262 shares of the exchange traded fund’s stock valued at $719,000 after buying an additional 235 shares during the last quarter. LCM Capital Management Inc raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.1% during the 3rd quarter. LCM Capital Management Inc now owns 43,156 shares of the exchange traded fund’s stock valued at $24,585,000 after buying an additional 876 shares during the last quarter. US Bancorp DE grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.1% during the 3rd quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock valued at $606,098,000 after acquiring an additional 11,719 shares during the period. Catalyst Financial Partners LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 68.9% during the 3rd quarter. Catalyst Financial Partners LLC now owns 716 shares of the exchange traded fund’s stock valued at $408,000 after acquiring an additional 292 shares during the period. Finally, Fiducient Advisors LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 8.5% during the 3rd quarter. Fiducient Advisors LLC now owns 2,589 shares of the exchange traded fund’s stock valued at $1,475,000 after acquiring an additional 203 shares during the period.

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

NYSEARCA:MDY opened at $566.79 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $439.14 and a 52 week high of $585.50. The stock has a market capitalization of $22.40 billion, a PE ratio of 15.70 and a beta of 1.09. The stock’s 50-day moving average price is $564.84 and its 200-day moving average price is $549.19.

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.