US Bancorp DE Cuts Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

US Bancorp DE lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 980,650 shares of the exchange traded fund’s stock after selling 17,460 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for 0.7% of US Bancorp DE’s investment portfolio, making the stock its 28th biggest position. US Bancorp DE owned 2.51% of SPDR S&P MidCap 400 ETF Trust worth $591,609,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 28.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 788,274 shares of the exchange traded fund’s stock worth $469,835,000 after purchasing an additional 175,255 shares during the period. Moore Capital Management LP grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 73.2% during the 2nd quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after purchasing an additional 267,800 shares during the period. Raymond James Financial Inc. increased its position in SPDR S&P MidCap 400 ETF Trust by 0.6% during the 3rd quarter. Raymond James Financial Inc. now owns 529,533 shares of the exchange traded fund’s stock worth $315,618,000 after purchasing an additional 2,995 shares in the last quarter. Bank of Montreal Can raised its holdings in SPDR S&P MidCap 400 ETF Trust by 0.4% in the third quarter. Bank of Montreal Can now owns 502,730 shares of the exchange traded fund’s stock valued at $299,642,000 after buying an additional 1,879 shares during the period. Finally, Corient Private Wealth LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 98.3% in the second quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock valued at $274,651,000 after buying an additional 240,356 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.7%

Shares of MDY stock opened at $653.32 on Thursday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $509.19 and a fifty-two week high of $675.77. The firm’s 50 day moving average price is $637.56 and its two-hundred day moving average price is $621.80. The stock has a market cap of $25.64 billion, a price-to-earnings ratio of 18.98 and a beta of 1.03.

About SPDR S&P MidCap 400 ETF Trust

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.