FineMark National Bank & Trust trimmed its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 1.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 122,014 shares of the exchange traded fund’s stock after selling 2,036 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for about 2.4% of FineMark National Bank & Trust’s portfolio, making the stock its 8th biggest holding. FineMark National Bank & Trust’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $69,118,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in MDY. Highview Capital Management LLC DE grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.6% in the 2nd quarter. Highview Capital Management LLC DE now owns 8,240 shares of the exchange traded fund’s stock worth $4,668,000 after purchasing an additional 52 shares during the last quarter. Nordwand Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter worth approximately $194,000. Rockefeller Capital Management L.P. increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.2% in the second quarter. Rockefeller Capital Management L.P. now owns 50,794 shares of the exchange traded fund’s stock valued at $28,775,000 after buying an additional 2,070 shares in the last quarter. Citizens Financial Group Inc. RI increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 30.9% in the second quarter. Citizens Financial Group Inc. RI now owns 60,781 shares of the exchange traded fund’s stock valued at $34,431,000 after buying an additional 14,336 shares in the last quarter. Finally, Avantax Advisory Services Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.3% during the 2nd quarter. Avantax Advisory Services Inc. now owns 23,526 shares of the exchange traded fund’s stock valued at $13,327,000 after acquiring an additional 530 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.3%
MDY opened at $577.19 on Wednesday. The firm has a market cap of $22.75 billion, a PE ratio of 18.98 and a beta of 1.06. The business has a fifty day simple moving average of $594.75 and a 200-day simple moving average of $578.80. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $624.13.
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.
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