Audent Global Asset Management LLC Sells 1,213 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Audent Global Asset Management LLC reduced its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 20.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,582 shares of the exchange traded fund’s stock after selling 1,213 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises 2.9% of Audent Global Asset Management LLC’s investment portfolio, making the stock its 12th largest position. 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 SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Centennial Bank AR bought a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $68,000. Assetmark Inc. increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 28.1% during the first quarter. Assetmark Inc. now owns 497 shares of the exchange traded fund’s stock valued at $307,000 after purchasing an additional 109 shares in the last quarter. Main Street Group LTD purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at approximately $56,000. Avalon Trust Co lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 25.0% during the first quarter. Avalon Trust Co now owns 1,250 shares of the exchange traded fund’s stock valued at $771,000 after purchasing an additional 250 shares during the last quarter. Finally, Independent Financial Group LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth approximately $1,663,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY stock opened at $688.75 on Friday. SPDR S&P MidCap 400 ETF Trust has a one year low of $559.89 and a one year high of $704.45. The company’s 50-day moving average is $683.37 and its 200 day moving average is $654.04. The company has a market capitalization of $26.88 billion, a price-to-earnings ratio of 18.98 and a beta of 1.00.

SPDR S&P MidCap 400 ETF Trust Company 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.