SPDR S&P MidCap 400 ETF Trust $MDY Shares Sold by Arbor Trust Wealth Advisors LLC

Arbor Trust Wealth Advisors LLC lowered its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 22.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 10,234 shares of the exchange traded fund’s stock after selling 3,013 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for approximately 2.7% of Arbor Trust Wealth Advisors LLC’s portfolio, making the stock its 12th biggest position. Arbor Trust Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,197,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Activest Wealth Management grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 125.0% during the third quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 30 shares in the last quarter. Sound Income Strategies LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 177.8% during the fourth quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 32 shares in the last quarter. High Point Wealth Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $34,000. Cloud Capital Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth approximately $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 255.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 51 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 1.6%

MDY stock opened at $659.29 on Friday. The firm has a 50 day simple moving average of $640.93 and a 200-day simple moving average of $627.11. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $537.75 and a twelve month high of $685.50. The company has a market capitalization of $25.90 billion, a P/E ratio of 18.98 and a beta of 1.02.

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.