TD Capital Management LLC trimmed its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 21.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 155 shares of the exchange traded fund’s stock after selling 43 shares during the quarter. TD Capital Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $88,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. West Financial Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $28,000. New Wave Wealth Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $32,000. Brooklyn Investment Group purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $36,000. Peterson Financial Group Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $68,000. Finally, Newton One Investments LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $69,000.
SPDR S&P MidCap 400 ETF Trust Trading Up 1.1 %
Shares of NYSEARCA MDY opened at $565.80 on Friday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $511.97 and a twelve month high of $624.13. The stock has a 50 day moving average of $580.64 and a two-hundred day moving average of $577.81. The stock has a market cap of $23.83 billion, a P/E ratio of 19.87 and a beta of 1.13.
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.
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