Tiemann Investment Advisors LLC lowered its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 5.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,138 shares of the exchange traded fund’s stock after selling 194 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises 0.8% of Tiemann Investment Advisors LLC’s holdings, making the stock its 27th biggest holding. Tiemann Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,787,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. J.Safra Asset Management Corp acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth approximately $26,000. West Financial Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $28,000. New Wave Wealth Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $32,000. Brooklyn Investment Group acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $36,000. Finally, Synergy Investment Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $44,000.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.7 %
NYSEARCA:MDY opened at $546.20 on Monday. The stock has a fifty day simple moving average of $577.92 and a 200 day simple moving average of $578.15. The firm has a market capitalization of $22.61 billion, a price-to-earnings ratio of 18.55 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $511.97 and a 1-year high of $624.13.
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.
Featured Stories
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- How Investors Can Find the Best Cheap Dividend Stocks
- Institutional Investors Bet $1B on These 4 Stocks—Should You?
- 3 Small Caps With Big Return Potential
- One Must-Buy Stock and One to Avoid as Tariffs Shake the Market
- What is a SEC Filing?
- These 4 Tech ETFs Just Hit 50-Day Lows—Time to Buy?
Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
Receive News & Ratings for SPDR S&P MidCap 400 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.