SlateStone Wealth LLC Sells 19,650 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

SlateStone Wealth LLC decreased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 86.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,985 shares of the exchange traded fund’s stock after selling 19,650 shares during the period. SlateStone Wealth LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,700,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Harbour Investments Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 0.8% in the 4th quarter. Harbour Investments Inc. now owns 7,731 shares of the exchange traded fund’s stock valued at $4,404,000 after acquiring an additional 62 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 2.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 6,310 shares of the exchange traded fund’s stock valued at $3,594,000 after acquiring an additional 148 shares in the last quarter. Pollock Investment Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at approximately $564,000. Choate Investment Advisors raised its holdings in SPDR S&P MidCap 400 ETF Trust by 41.0% in the 4th quarter. Choate Investment Advisors now owns 2,487 shares of the exchange traded fund’s stock valued at $1,417,000 after acquiring an additional 723 shares in the last quarter. Finally, Madison Investment Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at approximately $22,693,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 2.4 %

SPDR S&P MidCap 400 ETF Trust stock opened at $535.74 on Friday. The business has a 50 day moving average price of $574.02 and a two-hundred day moving average price of $576.97. The stock has a market cap of $22.17 billion, a price-to-earnings ratio of 18.55 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $511.97 and a 12 month high of $624.13.

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.