CIBC Private Wealth Group LLC Trims Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

CIBC Private Wealth Group LLC trimmed its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,519 shares of the exchange traded fund’s stock after selling 716 shares during the period. CIBC Private Wealth Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,756,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. PFG Investments LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 17.3% in the fourth quarter. PFG Investments LLC now owns 767 shares of the exchange traded fund’s stock worth $437,000 after acquiring an additional 113 shares during the last quarter. Inspire Trust Co. N.A. increased its position in SPDR S&P MidCap 400 ETF Trust by 19.1% during the 3rd quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock worth $6,735,000 after purchasing an additional 1,900 shares in the last quarter. Frisch Financial Group Inc. raised its stake in SPDR S&P MidCap 400 ETF Trust by 7.4% in the 3rd quarter. Frisch Financial Group Inc. now owns 2,129 shares of the exchange traded fund’s stock valued at $1,216,000 after purchasing an additional 146 shares during the last quarter. Avior Wealth Management LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 24.3% in the 4th quarter. Avior Wealth Management LLC now owns 593 shares of the exchange traded fund’s stock valued at $338,000 after purchasing an additional 116 shares in the last quarter. Finally, Principal Securities Inc. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 7.5% during the 4th quarter. Principal Securities Inc. now owns 613 shares of the exchange traded fund’s stock worth $349,000 after purchasing an additional 43 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY opened at $536.37 on Wednesday. The company has a market cap of $22.00 billion, a PE ratio of 18.90 and a beta of 1.14. The company has a 50-day simple moving average of $564.73 and a 200-day simple moving average of $576.41. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $511.97 and a 12 month 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.