SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) is Adirondack Trust Co.’s 4th Largest Position

Adirondack Trust Co. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,266 shares of the exchange traded fund’s stock after acquiring an additional 328 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for 2.6% of Adirondack Trust Co.’s holdings, making the stock its 4th biggest position. Adirondack Trust Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,948,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Granite Bay Wealth Management LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 1.3% during the 4th quarter. Granite Bay Wealth Management LLC now owns 2,570,040 shares of the exchange traded fund’s stock valued at $1,192,724,000 after purchasing an additional 33,187 shares in the last quarter. International Assets Investment Management LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 47,016.7% during the 4th quarter. International Assets Investment Management LLC now owns 1,505,851 shares of the exchange traded fund’s stock valued at $764,039,000 after purchasing an additional 1,502,655 shares in the last quarter. Wells Fargo & Company MN increased its stake in SPDR S&P MidCap 400 ETF Trust by 1.5% during the 4th quarter. Wells Fargo & Company MN now owns 1,476,549 shares of the exchange traded fund’s stock valued at $749,171,000 after purchasing an additional 22,417 shares in the last quarter. Pathstone Holdings LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at approximately $485,301,000. Finally, UBS Group AG increased its stake in SPDR S&P MidCap 400 ETF Trust by 2.0% during the 4th quarter. UBS Group AG now owns 611,939 shares of the exchange traded fund’s stock valued at $310,486,000 after purchasing an additional 12,187 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.1 %

Shares of NYSEARCA:MDY traded up $0.66 during midday trading on Tuesday, reaching $535.91. The company’s stock had a trading volume of 145,201 shares, compared to its average volume of 887,054. The firm has a market capitalization of $21.18 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $424.22 and a twelve month high of $558.34. The stock has a fifty day moving average of $537.24 and a 200 day moving average of $522.86.

About SPDR S&P MidCap 400 ETF Trust

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.