M&T Bank Corp decreased its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 1.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,437 shares of the exchange traded fund’s stock after selling 351 shares during the quarter. M&T Bank Corp’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $18,475,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also recently modified their holdings of MDY. J.Safra Asset Management Corp bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $26,000. West Financial Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $28,000. New Wave Wealth Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $32,000. Brooklyn Investment Group bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $36,000. Finally, Synergy Investment Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $44,000.
SPDR S&P MidCap 400 ETF Trust Stock Up 1.2 %
NYSEARCA MDY opened at $551.08 on Thursday. The company has a market cap of $23.21 billion, a price-to-earnings ratio of 19.87 and a beta of 1.13. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $511.97 and a 52 week high of $624.13. The business has a 50 day moving average price of $579.15 and a 200-day moving average price of $578.13.
SPDR S&P MidCap 400 ETF Trust 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.
Further Reading
- Five stocks we like better than SPDR S&P MidCap 400 ETF Trust
- Options Trading – Understanding Strike Price
- Corporate Crawl: Where Business Trips Turn Into Party Nights
- Best Aerospace Stocks Investing
- CrowdStrike’s Growth Remains Strong—Buy While It’s Down
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Is Advanced Micro Devices Stock Slide Over?
Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report).
Receive News & Ratings for SPDR S&P MidCap 400 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.
