Penobscot Investment Management Company Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 6.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,517 shares of the exchange traded fund’s stock after purchasing an additional 310 shares during the quarter. Penobscot Investment Management Company Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,943,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently modified their holdings of the business. Sabal Trust CO grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.5% in the first quarter. Sabal Trust CO now owns 4,708 shares of the exchange traded fund’s stock worth $2,512,000 after purchasing an additional 115 shares during the last quarter. Perigon Wealth Management LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 12.3% in the first quarter. Perigon Wealth Management LLC now owns 8,326 shares of the exchange traded fund’s stock worth $4,442,000 after purchasing an additional 909 shares during the last quarter. Alpine Bank Wealth Management bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth about $32,000. Golden State Wealth Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter worth about $6,744,000. Finally, E&G Advisors LP grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 40.2% in the first quarter. E&G Advisors LP now owns 1,734 shares of the exchange traded fund’s stock worth $925,000 after purchasing an additional 497 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Price Performance
Shares of MDY opened at $557.67 on Thursday. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $624.13. The company has a 50-day simple moving average of $543.09 and a two-hundred day simple moving average of $554.91. The firm has a market capitalization of $22.29 billion, a PE ratio of 18.14 and a beta of 1.06.
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.
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