Bremer Bank National Association Sells 228 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Bremer Bank National Association decreased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 8.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,355 shares of the exchange traded fund’s stock after selling 228 shares during the quarter. Bremer Bank National Association’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,260,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Granite Bay Wealth Management LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 6,346.6% during the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock valued at $1,136,513,000 after acquiring an additional 2,080,665 shares in the last quarter. Wells Fargo & Company MN lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,476,549 shares of the exchange traded fund’s stock worth $749,171,000 after buying an additional 22,417 shares in the last quarter. Pathstone Holdings LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at approximately $485,301,000. UBS Group AG increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.0% during the fourth quarter. UBS Group AG now owns 611,939 shares of the exchange traded fund’s stock valued at $310,486,000 after acquiring an additional 12,187 shares in the last quarter. Finally, Scarborough Advisors LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 2,656.0% in the 4th quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock worth $154,137,000 after acquiring an additional 292,768 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.1 %

MDY stock traded down $0.56 during midday trading on Wednesday, hitting $539.58. The company’s stock had a trading volume of 389,567 shares, compared to its average volume of 884,234. The firm’s 50-day moving average is $541.21 and its 200-day moving average is $535.66. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $424.22 and a 12 month high of $574.11. The company has a market cap of $21.32 billion, a PE ratio of 15.70 and a beta of 1.09.

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.