Finemark National Bank & Trust reduced its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 4.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 116,467 shares of the exchange traded fund’s stock after selling 5,547 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up about 2.3% of Finemark National Bank & Trust’s investment portfolio, making the stock its 9th biggest position. Finemark National Bank & Trust owned approximately 0.30% of SPDR S&P MidCap 400 ETF Trust worth $69,418,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of MDY. Bailard Inc. lifted its stake in SPDR S&P MidCap 400 ETF Trust by 5.5% in the second quarter. Bailard Inc. now owns 6,731 shares of the exchange traded fund’s stock valued at $3,813,000 after buying an additional 350 shares during the period. Atria Investments Inc increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 143.7% in the 3rd quarter. Atria Investments Inc now owns 6,064 shares of the exchange traded fund’s stock valued at $3,614,000 after acquiring an additional 3,576 shares during the last quarter. NewEdge Wealth LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 190.8% in the 3rd quarter. NewEdge Wealth LLC now owns 2,012 shares of the exchange traded fund’s stock valued at $1,190,000 after acquiring an additional 1,320 shares during the period. First Horizon Corp acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at approximately $6,724,000. Finally, 1ST Source Bank boosted its stake in SPDR S&P MidCap 400 ETF Trust by 0.3% during the 2nd quarter. 1ST Source Bank now owns 36,139 shares of the exchange traded fund’s stock worth $20,472,000 after acquiring an additional 119 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of NYSEARCA MDY opened at $652.82 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $458.82 and a 52-week high of $662.65. The stock has a market cap of $25.34 billion, a P/E ratio of 18.98 and a beta of 1.06. The firm has a 50 day moving average price of $635.53 and a 200 day moving average price of $609.76.
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.
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