First Hawaiian Bank lowered its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 3.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 47,932 shares of the exchange traded fund’s stock after selling 1,955 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises 0.9% of First Hawaiian Bank’s portfolio, making the stock its 13th largest position. First Hawaiian Bank owned about 0.12% of SPDR S&P MidCap 400 ETF Trust worth $27,301,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently made changes to their positions in MDY. International Assets Investment Management LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock valued at $1,237,772,000 after acquiring an additional 2,169,344 shares during the last quarter. US Bancorp DE lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 1.1% in the third quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock worth $606,098,000 after acquiring an additional 11,719 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake 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 valued at $437,979,000 after acquiring an additional 5,825 shares during the period. Bank of Montreal Can grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 3.5% during the second quarter. Bank of Montreal Can now owns 504,716 shares of the exchange traded fund’s stock valued at $269,741,000 after purchasing an additional 17,125 shares during the last quarter. Finally, Raymond James & Associates lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the 3rd quarter. Raymond James & Associates now owns 369,044 shares of the exchange traded fund’s stock worth $210,230,000 after purchasing an additional 1,811 shares during the last quarter.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.3 %
NYSEARCA MDY traded up $1.50 during trading hours on Wednesday, hitting $573.73. The company had a trading volume of 536,115 shares, compared to its average volume of 835,823. The business has a fifty day simple moving average of $590.87 and a 200-day simple moving average of $567.57. The firm has a market cap of $22.67 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $487.66 and a fifty-two week high of $624.13.
SPDR S&P MidCap 400 ETF Trust 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.
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