First Financial Bank Trust Division grew its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 5.0% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 17,093 shares of the exchange traded fund’s stock after buying an additional 807 shares during the quarter. First Financial Bank Trust Division’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $12,022,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in MDY. Eastern Bank increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 4.9% during the second quarter. Eastern Bank now owns 5,448 shares of the exchange traded fund’s stock worth $3,832,000 after buying an additional 254 shares during the period. Trust Co of the South purchased a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter worth approximately $205,000. Global Wealth Strategies & Associates lifted its stake in SPDR S&P MidCap 400 ETF Trust by 14,650.0% in the second quarter. Global Wealth Strategies & Associates now owns 2,065 shares of the exchange traded fund’s stock worth $1,452,000 after acquiring an additional 2,051 shares during the last quarter. Steelhead Wealth Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $401,000. Finally, S&A Financial Services Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $253,000.
SPDR S&P MidCap 400 ETF Trust Trading Up 1.1%
Shares of NYSEARCA:MDY opened at $694.09 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $567.90 and a 52 week high of $704.45. The company’s 50 day moving average is $688.49 and its two-hundred day moving average is $659.66. The company has a market cap of $26.68 billion, a PE ratio of 18.98 and a beta of 1.00.
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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.
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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).
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