SPDR S&P MidCap 400 ETF Trust $MDY Position Cut by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 714,972 shares of the exchange traded fund’s stock after selling 8,573 shares during the quarter. PNC Financial Services Group Inc. owned 1.81% of SPDR S&P MidCap 400 ETF Trust worth $426,145,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in MDY. Activest Wealth Management increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 125.0% during the third quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 30 shares during the period. Brown Lisle Cummings Inc. grew its position in SPDR S&P MidCap 400 ETF Trust by 110.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 63 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 33 shares in the last quarter. Cloud Capital Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at about $41,000. CoreFirst Bank & Trust acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at about $40,000. Finally, ST Germain D J Co. Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth about $42,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 1.0%

Shares of NYSEARCA:MDY opened at $650.66 on Friday. The company has a 50 day moving average of $626.85 and a 200-day moving average of $604.18. The firm has a market cap of $25.26 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 $662.60.

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.