Eastern Bank Trims Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Eastern Bank lessened its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,830 shares of the exchange traded fund’s stock after selling 36 shares during the quarter. Eastern Bank’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,321,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of MDY. International Assets Investment Management LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the third quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock worth $1,237,772,000 after purchasing an additional 2,169,344 shares during the last quarter. US Bancorp DE lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.1% during the 3rd quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock worth $606,098,000 after acquiring an additional 11,719 shares during the period. PNC Financial Services Group Inc. raised its stake in SPDR S&P MidCap 400 ETF Trust by 0.8% during the third quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock worth $437,979,000 after purchasing an additional 5,825 shares during the period. Bank of Montreal Can boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 3.5% in the second quarter. Bank of Montreal Can now owns 504,716 shares of the exchange traded fund’s stock valued at $269,741,000 after acquiring an additional 17,125 shares during the last quarter. Finally, Raymond James & Associates increased its position in SPDR S&P MidCap 400 ETF Trust by 0.5% during the 3rd quarter. Raymond James & Associates now owns 369,044 shares of the exchange traded fund’s stock worth $210,230,000 after purchasing an additional 1,811 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.8 %

Shares of NYSEARCA MDY traded up $4.66 during trading on Monday, reaching $570.27. 553,826 shares of the stock were exchanged, compared to its average volume of 809,870. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $487.66 and a twelve month high of $624.13. The company has a market capitalization of $22.54 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The business’s 50-day moving average price is $591.02 and its 200 day moving average price is $568.35.

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.