Adirondack Trust Co. lowered its position in SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,035 shares of the exchange traded fund’s stock after selling 225 shares during the quarter. SPDR S&P MidCap 400 ETF makes up about 4.5% of Adirondack Trust Co.’s portfolio, making the stock its 4th biggest position. Adirondack Trust Co.’s holdings in SPDR S&P MidCap 400 ETF were worth $6,230,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the stock. Horan Capital Advisors LLC. purchased a new stake in SPDR S&P MidCap 400 ETF during the third quarter worth $102,000. Monetary Management Group Inc. lifted its holdings in SPDR S&P MidCap 400 ETF by 5.6% during the second quarter. Monetary Management Group Inc. now owns 375 shares of the exchange traded fund’s stock worth $119,000 after buying an additional 20 shares during the period. Sei Investments Co. lifted its holdings in SPDR S&P MidCap 400 ETF by 14.3% during the second quarter. Sei Investments Co. now owns 465 shares of the exchange traded fund’s stock worth $148,000 after buying an additional 58 shares during the period. Bank of Nova Scotia Trust Co. purchased a new stake in SPDR S&P MidCap 400 ETF during the third quarter worth $163,000. Finally, Iberiabank Corp purchased a new stake in SPDR S&P MidCap 400 ETF during the third quarter worth $202,000.
SPDR S&P MidCap 400 ETF (NYSEARCA MDY) traded down $1.52 during trading on Wednesday, reaching $351.38. The company’s stock had a trading volume of 707,800 shares, compared to its average volume of 1,271,133. SPDR S&P MidCap 400 ETF has a one year low of $301.67 and a one year high of $354.47.
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SPDR S&P MidCap 400 ETF 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.
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