Coastline Trust Co trimmed its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 38.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 3,203 shares of the exchange traded fund’s stock after selling 2,040 shares during the period. Coastline Trust Co’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,103,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Align Financial LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at about $86,620,000. SG Americas Securities LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 78.9% in the 1st quarter. SG Americas Securities LLC now owns 153,398 shares of the exchange traded fund’s stock valued at $94,610,000 after buying an additional 67,638 shares during the period. GHE LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4,187.5% during the 1st quarter. GHE LLC now owns 51,450 shares of the exchange traded fund’s stock worth $31,732,000 after buying an additional 50,250 shares during the last quarter. Fifth Third Bancorp raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 506.3% during the 1st quarter. Fifth Third Bancorp now owns 47,882 shares of the exchange traded fund’s stock valued at $29,532,000 after buying an additional 39,984 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 4.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 903,341 shares of the exchange traded fund’s stock valued at $635,355,000 after buying an additional 38,573 shares during the period.
SPDR S&P MidCap 400 ETF Trust Trading Up 0.7%
SPDR S&P MidCap 400 ETF Trust stock traded up $4.80 during mid-day trading on Thursday, hitting $661.51. The company’s stock had a trading volume of 327,515 shares, compared to its average volume of 847,827. The firm has a market capitalization of $25.49 billion, a PE ratio of 18.98 and a beta of 1.00. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $568.21 and a 1 year high of $717.35. The stock’s fifty day moving average is $687.70 and its two-hundred day moving average is $673.04.
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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