PNC Financial Services Group Inc. lowered its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 1.4% in the fourth quarter, HoldingsChannel reports. The fund owned 704,633 shares of the exchange traded fund’s stock after selling 10,339 shares during the period. PNC Financial Services Group Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $425,091,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Lewis Asset Management LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% during the fourth quarter. Lewis Asset Management LLC now owns 3,681 shares of the exchange traded fund’s stock worth $2,220,000 after acquiring an additional 18 shares during the last quarter. PFG Investments LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.5% during the fourth quarter. PFG Investments LLC now owns 741 shares of the exchange traded fund’s stock worth $447,000 after acquiring an additional 18 shares during the last quarter. TD Waterhouse Canada Inc. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% during the fourth quarter. TD Waterhouse Canada Inc. now owns 4,965 shares of the exchange traded fund’s stock worth $2,995,000 after acquiring an additional 18 shares during the last quarter. Larson Financial Group LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.8% during the third quarter. Larson Financial Group LLC now owns 657 shares of the exchange traded fund’s stock worth $392,000 after acquiring an additional 18 shares during the last quarter. Finally, Assetmark Inc. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 10.0% during the third quarter. Assetmark Inc. now owns 209 shares of the exchange traded fund’s stock worth $125,000 after acquiring an additional 19 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Down 1.0%
MDY stock opened at $652.12 on Wednesday. The company has a market cap of $25.62 billion, a P/E ratio of 18.98 and a beta of 1.02. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $537.75 and a twelve month high of $685.50. The business has a fifty day moving average of $641.92 and a 200-day moving average of $628.08.
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.
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