Citizens Financial Group Inc. RI Cuts Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Citizens Financial Group Inc. RI lessened its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 46,519 shares of the exchange traded fund’s stock after selling 1,596 shares during the quarter. Citizens Financial Group Inc. RI owned approximately 0.12% of SPDR S&P MidCap 400 ETF Trust worth $26,496,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MDY. PNC Financial Services Group Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 0.8% in the third quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock worth $437,979,000 after purchasing an additional 5,825 shares in the last quarter. Proficio Capital Partners LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 8,245.4% in the fourth quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock worth $330,835,000 after purchasing an additional 573,881 shares in the last quarter. Raymond James Financial Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $328,419,000. Strategic Financial Concepts LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 89,108.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after purchasing an additional 376,929 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 5.9% in the third quarter. JPMorgan Chase & Co. now owns 340,136 shares of the exchange traded fund’s stock worth $193,762,000 after purchasing an additional 19,030 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 2.1 %

MDY opened at $534.63 on Tuesday. The stock has a fifty day simple moving average of $577.24 and a two-hundred day simple moving average of $578.01. The company has a market cap of $22.13 billion, a price-to-earnings ratio of 18.55 and a beta of 1.14. 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.