SVB Wealth LLC Sells 5,831 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

SVB Wealth LLC reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 46.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,673 shares of the exchange traded fund’s stock after selling 5,831 shares during the quarter. SVB Wealth LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,386,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of MDY. Kayne Anderson Rudnick Investment Management LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 4.7% during the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 68,281 shares of the exchange traded fund’s stock valued at $31,190,000 after acquiring an additional 3,041 shares during the period. Certified Advisory Corp grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 4.8% during the third quarter. Certified Advisory Corp now owns 1,122 shares of the exchange traded fund’s stock valued at $513,000 after purchasing an additional 51 shares in the last quarter. Divergent Planning LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 3.2% during the fourth quarter. Divergent Planning LLC now owns 57,457 shares of the exchange traded fund’s stock valued at $29,059,000 after purchasing an additional 1,778 shares in the last quarter. Well Done LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 29.6% during the fourth quarter. Well Done LLC now owns 648 shares of the exchange traded fund’s stock valued at $329,000 after purchasing an additional 148 shares in the last quarter. Finally, Financial Network Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $1,268,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.8 %

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $517.41 on Thursday. The firm has a market cap of $20.85 billion, a price-to-earnings ratio of 15.42 and a beta of 1.12. The business has a 50-day moving average price of $533.09 and a 200-day moving average price of $495.83. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $424.22 and a twelve month high of $558.34.

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.