Union Savings Bank Sells 217 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Union Savings Bank trimmed its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,582 shares of the exchange traded fund’s stock after selling 217 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises 1.7% of Union Savings Bank’s investment portfolio, making the stock its 9th biggest holding. Union Savings Bank’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,789,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of MDY. Hancock Prospecting Pty Ltd acquired a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter worth $1,533,856,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth $1,584,523,000. Atlantic Union Bankshares Corp acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth $51,517,000. Starr Indemnity & Liability Co purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $35,957,000. Finally, Midwest Trust Co acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at about $36,377,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.2%

MDY stock opened at $586.16 on Friday. The company’s 50-day moving average price is $595.72 and its 200 day moving average price is $577.36. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $458.82 and a 52 week high of $624.13. The company has a market cap of $23.11 billion, a P/E ratio of 18.98 and a beta of 1.06.

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.