Coastline Trust Co lowered its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 38.9% in the third quarter, according to its most recent 13F filing with the SEC. The fund 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 quarter.
A number of other hedge funds have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its position in SPDR S&P MidCap 400 ETF Trust by 4.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 903,341 shares of the exchange traded fund’s stock valued at $635,355,000 after acquiring an additional 38,573 shares in the last quarter. Corient Private Wealth LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.2% during the 4th quarter. Corient Private Wealth LLC now owns 240,736 shares of the exchange traded fund’s stock worth $145,264,000 after purchasing an additional 5,156 shares during the period. SG Americas Securities LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 78.9% during the 1st quarter. SG Americas Securities LLC now owns 153,398 shares of the exchange traded fund’s stock worth $94,610,000 after purchasing an additional 67,638 shares during the period. Waddell & Associates LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.3% during the 4th quarter. Waddell & Associates LLC now owns 150,332 shares of the exchange traded fund’s stock valued at $90,692,000 after purchasing an additional 2,001 shares in the last quarter. Finally, Align Financial LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at approximately $86,620,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
NYSEARCA MDY traded up $4.80 during mid-day trading on Thursday, reaching $661.51. 327,515 shares of the stock were exchanged, compared to its average volume of 847,827. The business’s 50 day moving average is $687.70 and its 200-day moving average is $673.04. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $568.21 and a 1 year high of $717.35. The company has a market capitalization of $25.49 billion, a P/E ratio of 18.98 and a beta of 1.00.
SPDR S&P MidCap 400 ETF Trust 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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