IHT Wealth Management LLC trimmed its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 52.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 475 shares of the exchange traded fund’s stock after selling 514 shares during the period. IHT Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $271,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDY. J.Safra Asset Management Corp acquired a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $26,000. West Financial Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $28,000. New Wave Wealth Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at $32,000. Brooklyn Investment Group acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $36,000. Finally, CoreFirst Bank & Trust purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $40,000.
SPDR S&P MidCap 400 ETF Trust Stock Down 0.5 %
NYSEARCA MDY opened at $517.51 on Monday. The business has a 50 day moving average price of $529.21 and a two-hundred day moving average price of $567.12. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $624.13. The stock has a market cap of $21.18 billion, a PE ratio of 17.11 and a beta of 1.07.
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.
Read More
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- How to Invest in Blue Chip Stocks
- Texas Instruments: Earnings Beat, Upbeat Guidance Fuel Recovery
- Stock Splits, Do They Really Impact Investors?
- O’Reilly Automotive: An Anytime Buy for Buy-and-Hold Investors
- How to Short a Stock in 5 Easy Steps
- Chipotle Mexican Grill Serves Smoking Hot Entry Point in Q2
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.