Sabal Trust CO Has $2.51 Million Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Sabal Trust CO increased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.5% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 4,708 shares of the exchange traded fund’s stock after purchasing an additional 115 shares during the quarter. Sabal Trust CO’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,512,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. J.Safra Asset Management Corp bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $26,000. Alpine Bank Wealth Management bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $32,000. CoreFirst Bank & Trust acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $40,000. Synergy Investment Management LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $44,000. Finally, Mpwm Advisory Solutions LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $46,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.8%

NYSEARCA:MDY opened at $557.67 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $458.82 and a 12-month high of $624.13. The firm has a market capitalization of $22.29 billion, a price-to-earnings ratio of 18.14 and a beta of 1.06. The stock’s 50 day moving average price is $543.09 and its two-hundred day moving average price is $554.91.

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.