SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Sold by Mechanics Bank Trust Department

Mechanics Bank Trust Department trimmed its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,779 shares of the exchange traded fund’s stock after selling 599 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up about 1.1% of Mechanics Bank Trust Department’s holdings, making the stock its 26th biggest position. Mechanics Bank Trust Department’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $8,418,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of MDY. WP Advisors LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 2.7% in the 4th quarter. WP Advisors LLC now owns 694 shares of the exchange traded fund’s stock valued at $395,000 after buying an additional 18 shares during the last quarter. Titleist Asset Management LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.4% during the 4th quarter. Titleist Asset Management LLC now owns 816 shares of the exchange traded fund’s stock worth $465,000 after purchasing an additional 19 shares in the last quarter. Zacks Investment Management boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.1% during the 4th quarter. Zacks Investment Management now owns 629 shares of the exchange traded fund’s stock worth $358,000 after purchasing an additional 19 shares in the last quarter. Rothschild Investment LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 20.0% during the 4th quarter. Rothschild Investment LLC now owns 120 shares of the exchange traded fund’s stock worth $69,000 after purchasing an additional 20 shares in the last quarter. Finally, Napa Wealth Management boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.0% during the 4th quarter. Napa Wealth Management now owns 749 shares of the exchange traded fund’s stock worth $427,000 after purchasing an additional 22 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY opened at $548.51 on Friday. The firm has a market capitalization of $22.04 billion, a P/E ratio of 18.14 and a beta of 1.07. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $624.13. The company’s fifty day moving average is $526.17 and its two-hundred day moving average is $560.80.

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.