Thompson Davis & CO. Inc. Sells 161 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Thompson Davis & CO. Inc. trimmed its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 15.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 914 shares of the exchange traded fund’s stock after selling 161 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for 0.4% of Thompson Davis & CO. Inc.’s portfolio, making the stock its 29th biggest holding. Thompson Davis & CO. Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $464,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Simplicity Solutions LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 9.3% during the third quarter. Simplicity Solutions LLC now owns 2,395 shares of the exchange traded fund’s stock valued at $1,094,000 after acquiring an additional 203 shares during the last quarter. Commonwealth Equity Services LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 64.4% during the third quarter. Commonwealth Equity Services LLC now owns 158,507 shares of the exchange traded fund’s stock valued at $72,381,000 after acquiring an additional 62,083 shares during the last quarter. RMR Wealth Builders increased its position in SPDR S&P MidCap 400 ETF Trust by 3.9% in the third quarter. RMR Wealth Builders now owns 12,880 shares of the exchange traded fund’s stock worth $5,882,000 after buying an additional 488 shares in the last quarter. Cumberland Advisors Inc. increased its position in SPDR S&P MidCap 400 ETF Trust by 0.8% in the third quarter. Cumberland Advisors Inc. now owns 43,849 shares of the exchange traded fund’s stock worth $20,023,000 after buying an additional 330 shares in the last quarter. Finally, Balboa Wealth Partners increased its position in SPDR S&P MidCap 400 ETF Trust by 0.8% in the third quarter. Balboa Wealth Partners now owns 9,475 shares of the exchange traded fund’s stock worth $4,327,000 after buying an additional 72 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA:MDY traded down $9.52 during trading on Tuesday, hitting $522.76. 801,842 shares of the company’s stock were exchanged, compared to its average volume of 940,658. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $558.34. The business’s 50-day simple moving average is $535.20 and its 200 day simple moving average is $501.00. The company has a market cap of $21.27 billion, a price-to-earnings ratio of 15.15 and a beta of 1.09.

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.