SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Sold by Arbor Trust Wealth Advisors LLC

Arbor Trust Wealth Advisors LLC cut its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,638 shares of the exchange traded fund’s stock after selling 235 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for 3.7% of Arbor Trust Wealth Advisors LLC’s portfolio, making the stock its 7th largest holding. Arbor Trust Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,797,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $258,000. Envestnet Asset Management Inc. grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 7.8% in the second quarter. Envestnet Asset Management Inc. now owns 70,453 shares of the exchange traded fund’s stock worth $37,698,000 after acquiring an additional 5,105 shares during the last quarter. Hsbc Holdings PLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 83.4% in the 2nd quarter. Hsbc Holdings PLC now owns 14,459 shares of the exchange traded fund’s stock valued at $7,737,000 after acquiring an additional 6,574 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at $306,000. Finally, Brighton Jones LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 25.6% during the 2nd quarter. Brighton Jones LLC now owns 2,047 shares of the exchange traded fund’s stock worth $1,095,000 after acquiring an additional 417 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA:MDY opened at $591.11 on Friday. The stock has a market capitalization of $23.36 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $490.24 and a fifty-two week high of $624.13. The business’s fifty day moving average price is $590.29 and its two-hundred day moving average price is $569.57.

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.