SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Sold by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners cut its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,395 shares of the exchange traded fund’s stock after selling 43 shares during the quarter. Tennessee Valley Asset Management Partners’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $795,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. DiNuzzo Private Wealth Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth $28,000. West Financial Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $28,000. Brooklyn Investment Group acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $36,000. Peterson Financial Group Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at approximately $68,000. Finally, ORG Partners LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 50.0% in the 4th quarter. ORG Partners LLC now owns 129 shares of the exchange traded fund’s stock valued at $74,000 after purchasing an additional 43 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.2 %

Shares of MDY stock opened at $597.49 on Monday. The stock has a 50 day simple moving average of $590.32 and a 200-day simple moving average of $572.17. The company has a market cap of $23.61 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $495.53 and a 12-month 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.