Welch & Forbes LLC Sells 3,467 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Welch & Forbes LLC decreased its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 138,706 shares of the exchange traded fund’s stock after selling 3,467 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises about 1.1% of Welch & Forbes LLC’s holdings, making the stock its 26th largest position. Welch & Forbes LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $91,090,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. GHE LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 4,187.5% during the first quarter. GHE LLC now owns 51,450 shares of the exchange traded fund’s stock worth $31,732,000 after buying an additional 50,250 shares in the last quarter. Fifth Third Bancorp raised its position in SPDR S&P MidCap 400 ETF Trust by 506.3% in the 1st quarter. Fifth Third Bancorp now owns 47,882 shares of the exchange traded fund’s stock valued at $29,532,000 after buying an additional 39,984 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in SPDR S&P MidCap 400 ETF Trust by 4.5% during the 2nd 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. TSG Advice Partners LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $23,768,000. Finally, Vestor Capital LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 3,524.7% during the 1st quarter. Vestor Capital LLC now owns 30,810 shares of the exchange traded fund’s stock valued at $19,002,000 after acquiring an additional 29,960 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY opened at $678.61 on Tuesday. The company has a market capitalization of $26.58 billion, a price-to-earnings ratio of 19.78 and a beta of 1.01. The firm’s fifty day moving average price is $670.01 and its two-hundred day moving average price is $666.92. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $568.21 and a 1 year high of $717.35.

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.