Ledyard National Bank Trims Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Ledyard National Bank lowered its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 653 shares of the exchange traded fund’s stock after selling 23 shares during the quarter. Ledyard National Bank’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $372,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of MDY. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.2% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock worth $886,000 after purchasing an additional 18 shares during the last quarter. GenTrust LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 0.5% in the 3rd quarter. GenTrust LLC now owns 3,372 shares of the exchange traded fund’s stock worth $1,927,000 after buying an additional 18 shares in the last quarter. Hohimer Wealth Management LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% during the 3rd quarter. Hohimer Wealth Management LLC now owns 1,201 shares of the exchange traded fund’s stock valued at $684,000 after buying an additional 18 shares in the last quarter. SPC Financial Inc. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 3.2% during the 3rd quarter. SPC Financial Inc. now owns 619 shares of the exchange traded fund’s stock worth $353,000 after acquiring an additional 19 shares during the last quarter. Finally, Mutual Advisors LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 0.6% in the fourth quarter. Mutual Advisors LLC now owns 3,757 shares of the exchange traded fund’s stock worth $2,211,000 after acquiring an additional 21 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.2 %

MDY opened at $585.37 on Friday. The business’s fifty day simple moving average is $587.76 and its 200 day simple moving average is $574.41. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $501.24 and a 52 week high of $624.13. The stock has a market cap of $23.13 billion, a PE ratio of 15.70 and a beta of 1.09.

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.