SPDR S&P MidCap 400 ETF Trust $MDY is Tandem Investment Partners LLC’s 9th Largest Position

Tandem Investment Partners LLC reduced its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 6.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,372 shares of the exchange traded fund’s stock after selling 441 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for about 3.1% of Tandem Investment Partners LLC’s investment portfolio, making the stock its 9th largest holding. Tandem Investment Partners LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,610,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in MDY. Hancock Prospecting Pty Ltd purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at approximately $1,533,856,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at approximately $1,584,523,000. Starr Indemnity & Liability Co acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at approximately $35,957,000. SCS Capital Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at approximately $32,862,000. Finally, Choreo LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 575.6% during the 1st quarter. Choreo LLC now owns 54,338 shares of the exchange traded fund’s stock valued at $28,988,000 after acquiring an additional 46,295 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.3%

MDY stock opened at $600.68 on Friday. The firm has a market cap of $23.72 billion, a P/E ratio of 18.98 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $458.82 and a 12-month high of $624.13. The stock’s 50 day simple moving average is $590.36 and its 200 day simple moving average is $560.63.

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.