American Trust trimmed its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Get Rating) by 16.8% during the third quarter, Holdings Channel reports. The institutional investor owned 551 shares of the exchange traded fund’s stock after selling 111 shares during the quarter. American Trust’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $221,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in MDY. Creative Planning lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 221.7% in the second quarter. Creative Planning now owns 450,196 shares of the exchange traded fund’s stock valued at $186,151,000 after buying an additional 310,237 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 124.3% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 300,993 shares of the exchange traded fund’s stock valued at $124,553,000 after buying an additional 166,786 shares in the last quarter. Coco Enterprises LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at $3,965,000. Wealth Alliance Advisory Group LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $13,715,000. Finally, BlackRock Inc. raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 97.9% in the first quarter. BlackRock Inc. now owns 67,337 shares of the exchange traded fund’s stock valued at $33,026,000 after purchasing an additional 33,318 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Price Performance
Shares of MDY stock opened at $433.10 on Friday. The firm has a 50-day moving average of $472.58 and a 200-day moving average of $451.27. The company has a market cap of $17.83 billion, a P/E ratio of 11.00 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a one year low of $398.11 and a one year high of $506.70.
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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