Eastern Bank Trims Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Eastern Bank trimmed its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,830 shares of the exchange traded fund’s stock after selling 36 shares during the period. Eastern Bank’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,321,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter valued at approximately $28,000. Kiely Wealth Advisory Group Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at about $64,000. Peterson Financial Group Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth $68,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $67,000. Finally, ORG Partners LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 50.0% in the 4th quarter. ORG Partners LLC now owns 129 shares of the exchange traded fund’s stock worth $74,000 after purchasing an additional 43 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.8 %

Shares of SPDR S&P MidCap 400 ETF Trust stock traded up $4.66 during mid-day trading on Monday, reaching $570.27. 553,826 shares of the stock traded hands, compared to its average volume of 809,870. The business has a 50-day moving average of $591.02 and a 200 day moving average of $568.35. The stock has a market capitalization of $22.54 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $487.66 and a fifty-two week high of $624.13.

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.