Welch & Forbes LLC lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 2.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 138,706 shares of the exchange traded fund’s stock after selling 3,467 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for about 1.1% of Welch & Forbes LLC’s holdings, making the stock its 26th biggest position. Welch & Forbes LLC owned approximately 0.36% of SPDR S&P MidCap 400 ETF Trust worth $91,090,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. GHE LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4,187.5% during the first quarter. GHE LLC now owns 51,450 shares of the exchange traded fund’s stock valued at $31,732,000 after acquiring an additional 50,250 shares in the last quarter. Fifth Third Bancorp lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 506.3% in the 1st quarter. Fifth Third Bancorp now owns 47,882 shares of the exchange traded fund’s stock worth $29,532,000 after purchasing an additional 39,984 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in SPDR S&P MidCap 400 ETF Trust by 4.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 903,341 shares of the exchange traded fund’s stock valued at $635,355,000 after purchasing an additional 38,573 shares during the period. TSG Advice Partners LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $23,768,000. Finally, Vestor Capital LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 3,524.7% in the 1st quarter. Vestor Capital LLC now owns 30,810 shares of the exchange traded fund’s stock valued at $19,002,000 after purchasing an additional 29,960 shares during the period.
SPDR S&P MidCap 400 ETF Trust Trading Up 3.2%
Shares of MDY stock opened at $678.61 on Tuesday. The firm has a market capitalization of $26.58 billion, a PE ratio of 19.78 and a beta of 1.01. The firm has a fifty day simple moving average of $670.01 and a two-hundred day simple moving average of $666.92. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $568.21 and a 12 month high of $717.35.
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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