SPDR S&P MidCap 400 ETF Trust $MDY Stake Lowered by Welch & Forbes LLC

Welch & Forbes LLC reduced its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 166,753 shares of the exchange traded fund’s stock after selling 1,777 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for 1.2% of Welch & Forbes LLC’s investment portfolio, making the stock its 22nd biggest holding. Welch & Forbes LLC owned 0.43% of SPDR S&P MidCap 400 ETF Trust worth $100,599,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Sound Income Strategies LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 177.8% during the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 32 shares in the last quarter. High Point Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $34,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 255.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 51 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $49,000. Finally, Albion Financial Group UT purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $52,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.2%

SPDR S&P MidCap 400 ETF Trust stock opened at $680.61 on Friday. The company’s fifty day simple moving average is $650.64 and its 200-day simple moving average is $632.48. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $540.43 and a 12 month high of $685.50. The stock has a market cap of $26.74 billion, a P/E ratio of 18.98 and a beta of 1.02.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.