Welch & Forbes LLC Sells 1,777 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Welch & Forbes LLC cut its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.1% in the fourth quarter, HoldingsChannel reports. The firm owned 166,753 shares of the exchange traded fund’s stock after selling 1,777 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for approximately 1.2% of Welch & Forbes LLC’s portfolio, making the stock its 22nd biggest holding. Welch & Forbes LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $100,599,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of MDY. Moore Capital Management LP boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 73.2% in the second quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after purchasing an additional 267,800 shares in the last quarter. Corient Private Wealth LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 98.3% during the 2nd quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock worth $274,651,000 after acquiring an additional 240,356 shares during the last quarter. Cornerstone Planning Group LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 564,003.0% during the third quarter. Cornerstone Planning Group LLC now owns 186,154 shares of the exchange traded fund’s stock valued at $110,953,000 after acquiring an additional 186,121 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 28.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 788,274 shares of the exchange traded fund’s stock valued at $469,835,000 after acquiring an additional 175,255 shares during the period. Finally, Barclays PLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 1,259.0% during the third quarter. Barclays PLC now owns 155,506 shares of the exchange traded fund’s stock valued at $92,686,000 after acquiring an additional 144,063 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY stock opened at $680.61 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $540.43 and a 52-week high of $685.50. The company has a 50-day moving average of $650.64 and a two-hundred day moving average of $632.48. The stock has a market capitalization of $26.74 billion, a price-to-earnings ratio of 18.98 and a beta of 1.02.

SPDR S&P MidCap 400 ETF Trust 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.