FineMark National Bank & Trust Has $70.65 Million Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

FineMark National Bank & Trust cut its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 124,044 shares of the exchange traded fund’s stock after selling 548 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises 2.5% of FineMark National Bank & Trust’s investment portfolio, making the stock its 6th biggest holding. FineMark National Bank & Trust owned approximately 0.31% of SPDR S&P MidCap 400 ETF Trust worth $70,653,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MDY. CoreFirst Bank & Trust purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at about $40,000. Congress Wealth Management LLC DE lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 114.2% in the fourth quarter. Congress Wealth Management LLC DE now owns 2,551 shares of the exchange traded fund’s stock worth $1,454,000 after buying an additional 1,360 shares in the last quarter. Mountain Hill Investment Partners Corp. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth approximately $171,000. Napatree Capital LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 12.4% during the fourth quarter. Napatree Capital LLC now owns 472 shares of the exchange traded fund’s stock valued at $269,000 after buying an additional 52 shares during the last quarter. Finally, Meridian Wealth Advisors LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.6% during the fourth quarter. Meridian Wealth Advisors LLC now owns 12,741 shares of the exchange traded fund’s stock valued at $7,257,000 after acquiring an additional 72 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Up 2.5 %

Shares of NYSEARCA MDY opened at $551.07 on Tuesday. The firm has a market cap of $22.81 billion, a P/E ratio of 18.55 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $511.97 and a twelve month high of $624.13. The company has a 50 day moving average of $570.59 and a 200 day moving average of $576.55.

SPDR S&P MidCap 400 ETF Trust Company Profile

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.