SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) is First National Trust Co’s 7th Largest Position

First National Trust Co trimmed its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 21.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 820,090 shares of the company’s stock after selling 219,328 shares during the period. SPDR S&P 400 Mid CapGrowth ETF accounts for about 2.7% of First National Trust Co’s investment portfolio, making the stock its 7th biggest holding. First National Trust Co’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $62,056,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Anchor Investment Management LLC purchased a new position in SPDR S&P 400 Mid CapGrowth ETF in the 4th quarter valued at approximately $32,000. Gradient Investments LLC lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 314.0% in the fourth quarter. Gradient Investments LLC now owns 472 shares of the company’s stock valued at $36,000 after purchasing an additional 358 shares in the last quarter. Fifth Third Bancorp acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the fourth quarter valued at approximately $38,000. Private Trust Co. NA increased its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 32.7% during the 4th quarter. Private Trust Co. NA now owns 1,782 shares of the company’s stock worth $135,000 after purchasing an additional 439 shares in the last quarter. Finally, Princeton Global Asset Management LLC acquired a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter worth approximately $201,000.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

NYSEARCA:MDYG traded up $0.94 during trading hours on Friday, reaching $84.03. 164,485 shares of the company traded hands, compared to its average volume of 206,653. The firm’s 50-day moving average is $84.19 and its 200-day moving average is $76.99. The stock has a market cap of $2.97 billion, a P/E ratio of 17.93 and a beta of 1.07. SPDR S&P 400 Mid CapGrowth ETF has a 1-year low of $64.67 and a 1-year high of $87.69.

SPDR S&P 400 Mid CapGrowth ETF Company Profile

SPDR S&P 400 Mid Cap Growth ETF, before expenses, seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Growth Index. The S&P MidCap 400 Growth Index measures the performance of the mid-capitalization growth sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics based on: sales growth; earnings change to price, and momentum.