First Merchants Corp Sells 149 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

First Merchants Corp trimmed its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 16,865 shares of the exchange traded fund’s stock after selling 149 shares during the period. First Merchants Corp’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $9,606,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 62,301.7% in the third quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock valued at $1,237,772,000 after purchasing an additional 2,169,344 shares during the last quarter. US Bancorp DE increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.1% in the third quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock valued at $606,098,000 after buying an additional 11,719 shares during the period. PNC Financial Services Group Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 0.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock valued at $437,979,000 after buying an additional 5,825 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after acquiring an additional 376,929 shares during the last quarter. Finally, Raymond James & Associates increased its position in SPDR S&P MidCap 400 ETF Trust by 0.5% in the 3rd quarter. Raymond James & Associates now owns 369,044 shares of the exchange traded fund’s stock valued at $210,230,000 after acquiring an additional 1,811 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY opened at $584.32 on Friday. The firm has a 50 day moving average price of $585.33 and a two-hundred day moving average price of $575.33. The stock has a market cap of $23.09 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $506.33 and a 52-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.