WASHINGTON TRUST Co Sells 3,577 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

WASHINGTON TRUST Co reduced its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,634 shares of the exchange traded fund’s stock after selling 3,577 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up about 1.9% of WASHINGTON TRUST Co’s investment portfolio, making the stock its 13th largest holding. WASHINGTON TRUST Co owned approximately 0.23% of SPDR S&P MidCap 400 ETF Trust worth $52,762,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MDY. Alpha Financial Partners LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at approximately $1,262,000. SPC Financial Inc. grew its holdings in 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 valued at $353,000 after buying an additional 19 shares in the last quarter. Hengehold Capital Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter valued at approximately $226,000. DiNuzzo Private Wealth Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth $28,000. Finally, M3 Advisory Group LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 6.1% in the third quarter. M3 Advisory Group LLC now owns 1,371 shares of the exchange traded fund’s stock worth $781,000 after buying an additional 79 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY opened at $583.99 on Friday. The stock has a market capitalization of $23.08 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The company has a fifty day moving average of $584.84 and a 200 day moving average of $575.39. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $510.45 and a fifty-two week high of $624.13.

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.