Audent Global Asset Management LLC Decreases Stake in SPDR S&P MidCap 400 ETF Trust $MDY

Audent Global Asset Management LLC cut its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 20.9% in the first quarter, Holdings Channel.com reports. The institutional investor owned 4,582 shares of the exchange traded fund’s stock after selling 1,213 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises approximately 2.9% of Audent Global Asset Management LLC’s investment portfolio, making the stock its 12th biggest holding. Audent Global Asset Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,826,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Sound Income Strategies LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 177.8% during the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 32 shares in the last quarter. High Point Wealth Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $34,000. Ascentis Independent Advisors purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at approximately $41,000. EFG International AG purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 255.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 51 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.6%

Shares of MDY opened at $688.75 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $559.89 and a 52-week high of $704.45. The company has a market cap of $26.88 billion, a PE ratio of 18.98 and a beta of 1.00. The business has a fifty day moving average of $683.37 and a 200 day moving average of $654.04.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.