SPDR S&P MidCap 400 ETF Trust $MDY Stock Sold by Grove Bank & Trust

Grove Bank & Trust decreased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 10.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 11,389 shares of the exchange traded fund’s stock after selling 1,320 shares during the period. Grove Bank & Trust’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,479,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rogco LP bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at $39,000. N.E.W. Advisory Services LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% during the 2nd quarter. N.E.W. Advisory Services LLC now owns 57 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 30 shares during the period. Ascentis Independent Advisors purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth about $41,000. RMG Wealth Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $53,000. Finally, Main Street Group LTD bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $56,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY traded up $2.32 during trading on Thursday, hitting $666.26. 892,268 shares of the company’s stock traded hands, compared to its average volume of 852,277. The stock has a market capitalization of $25.60 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $568.21 and a 12-month high of $717.35. The business has a 50 day moving average of $685.26 and a 200-day moving average of $675.36.

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.