SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Sold by Mechanics Bank Trust Department

Mechanics Bank Trust Department trimmed its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 16,378 shares of the exchange traded fund’s stock after selling 536 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises 1.2% of Mechanics Bank Trust Department’s investment portfolio, making the stock its 21st biggest holding. Mechanics Bank Trust Department’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $9,329,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in MDY. West Financial Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $28,000. DiNuzzo Private Wealth Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $28,000. Brooklyn Investment Group acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $36,000. Peterson Financial Group Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at about $68,000. Finally, Beaird Harris Wealth Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $67,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA:MDY opened at $591.11 on Monday. The firm’s 50-day moving average is $590.29 and its two-hundred day moving average is $569.84. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $490.24 and a 1 year high of $624.13. The firm has a market capitalization of $23.36 billion, a PE ratio of 15.70 and a beta of 1.09.

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.