Whittier Trust Co. trimmed its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 2.9% in the third quarter, Holdings Channel.com reports. The firm owned 128,786 shares of the exchange traded fund’s stock after selling 3,861 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises approximately 0.9% of Whittier Trust Co.’s portfolio, making the stock its 20th largest holding. Whittier Trust Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $77,359,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 12.6% during the 4th quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock worth $1,162,000 after buying an additional 228 shares during the period. AQR Capital Management LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 27.9% in the first quarter. AQR Capital Management LLC now owns 6,417 shares of the exchange traded fund’s stock valued at $3,423,000 after acquiring an additional 1,401 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 4.3% in the first quarter. Integrated Wealth Concepts LLC now owns 1,023 shares of the exchange traded fund’s stock valued at $546,000 after acquiring an additional 42 shares during the last quarter. Park Avenue Securities LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 34.1% during the 2nd quarter. Park Avenue Securities LLC now owns 562 shares of the exchange traded fund’s stock worth $318,000 after acquiring an additional 143 shares during the period. Finally, Congress Asset Management Co. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 115.6% during the 2nd quarter. Congress Asset Management Co. now owns 1,356 shares of the exchange traded fund’s stock valued at $768,000 after acquiring an additional 727 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Down 1.0%
MDY stock opened at $636.15 on Friday. The business’s fifty day moving average is $612.41 and its 200-day moving average is $597.87. The company has a market cap of $25.12 billion, a P/E ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $458.82 and a twelve month high of $648.79.
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.
Featured Stories
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- Your Signature Is Missing – Act Before It’s Too Late
- The $100 Trillion AI Story No One Is Telling You
- NEW LAW: Congress Approves Setup For Digital Dollar?
Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
Receive News & Ratings for SPDR S&P MidCap 400 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.
