SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Holdings Decreased by Tiemann Investment Advisors LLC

Tiemann Investment Advisors LLC reduced its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 about 0.8% of Tiemann Investment Advisors LLC’s holdings, making the stock its 27th largest holding. Tiemann Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,787,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. J.Safra Asset Management Corp acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $26,000. West Financial Advisors LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $28,000. New Wave Wealth Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $32,000. Brooklyn Investment Group acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $36,000. Finally, Synergy Investment Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $44,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY stock opened at $546.20 on Monday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $511.97 and a fifty-two week high of $624.13. The stock’s 50-day moving average is $577.92 and its two-hundred day moving average is $578.15. The firm has a market cap of $22.61 billion, a P/E ratio of 18.55 and a beta of 1.14.

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.