Grove Bank & Trust Sells 1,320 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Grove Bank & Trust lowered its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 10.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 11,389 shares of the exchange traded fund’s stock after selling 1,320 shares during the period. Grove Bank & Trust’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,479,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDY. Rogco LP bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $39,000. N.E.W. Advisory Services LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 111.1% during the second quarter. N.E.W. Advisory Services LLC now owns 57 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 30 shares in the last quarter. Ascentis Independent Advisors purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at $41,000. RMG Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at $53,000. Finally, Highland Investment Advisors LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $57,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY traded up $2.32 during trading on Thursday, hitting $666.26. The stock had a trading volume of 892,268 shares, compared to its average volume of 852,277. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $568.21 and a 12 month high of $717.35. The company has a market capitalization of $25.60 billion, a PE ratio of 18.98 and a beta of 1.01. The firm has a fifty day moving average of $685.26 and a two-hundred day moving average of $675.36.

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.