Trifecta Capital Advisors LLC Lowers Stock Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Trifecta Capital Advisors LLC reduced its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 6.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,311 shares of the exchange traded fund’s stock after selling 1,253 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up approximately 1.7% of Trifecta Capital Advisors LLC’s portfolio, making the stock its 17th biggest position. Trifecta Capital Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $11,293,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Financial & Tax Architects LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $4,743,000. Savvy Advisors Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $620,000. Daytona Street Capital LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $633,000. Clear Trail Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $575,000. Finally, Northland Securities Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $560,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.1%

NYSEARCA MDY traded down $0.40 during trading hours on Friday, hitting $689.82. 613,320 shares of the company were exchanged, compared to its average volume of 968,925. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $559.89 and a 52-week high of $704.45. The firm has a market cap of $27.23 billion, a price-to-earnings ratio of 18.98 and a beta of 1.00. The company has a 50 day moving average of $681.67 and a two-hundred day moving average of $651.45.

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