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

Arbor Trust Wealth Advisors LLC lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDYGet Rating) by 1.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 14,048 shares of the exchange traded fund’s stock after selling 158 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises 4.1% of Arbor Trust Wealth Advisors LLC’s investment portfolio, making the stock its 4th biggest position. Arbor Trust Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,828,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Joseph P. Lucia & Associates LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at about $25,000. Evolution Advisers Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at about $26,000. Webster Bank N. A. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at about $27,000. Sound Income Strategies LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $29,000. Finally, National Bank of Canada FI grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 238.1% during the first quarter. National Bank of Canada FI now owns 71 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 50 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 2.1 %

Shares of NYSEARCA:MDY traded down $8.74 on Friday, reaching $407.86. 165,883 shares of the company traded hands, compared to its average volume of 1,177,146. The business’s 50-day simple moving average is $450.20 and its 200 day simple moving average is $453.17. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $400.05 and a 52 week high of $533.57.

SPDR S&P MidCap 400 ETF Trust Company Profile

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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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Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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