SPDR S&P MidCap 400 ETF Trust $MDY is Cumberland Advisors Inc.’s 2nd Largest Position

Cumberland Advisors Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 44,807 shares of the exchange traded fund’s stock after purchasing an additional 860 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for about 10.8% of Cumberland Advisors Inc.’s holdings, making the stock its 2nd largest holding. Cumberland Advisors Inc. owned 0.11% of SPDR S&P MidCap 400 ETF Trust worth $27,635,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of MDY. QRG Capital Management Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 11.4% in the first quarter. QRG Capital Management Inc. now owns 1,821 shares of the exchange traded fund’s stock valued at $1,123,000 after buying an additional 187 shares in the last quarter. Apeiron RIA LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 13.9% during the 1st quarter. Apeiron RIA LLC now owns 1,289 shares of the exchange traded fund’s stock worth $795,000 after buying an additional 157 shares during the period. HB Wealth Management LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 5.5% during the 1st quarter. HB Wealth Management LLC now owns 5,248 shares of the exchange traded fund’s stock valued at $3,237,000 after buying an additional 274 shares in the last quarter. BIP Wealth LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 40.7% during the 1st quarter. BIP Wealth LLC now owns 757 shares of the exchange traded fund’s stock valued at $467,000 after buying an additional 219 shares in the last quarter. Finally, Baer Investment Advisory LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at $2,613,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $693.70 on Friday. The stock has a market capitalization of $27.60 billion, a P/E ratio of 18.98 and a beta of 1.00. The company’s fifty day moving average price is $678.82 and its 200 day moving average price is $648.65. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $559.89 and a 1 year high of $704.45.

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.