SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Sold by Community Bank N.A.

Community Bank N.A. lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 11,830 shares of the exchange traded fund’s stock after selling 50 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for approximately 0.9% of Community Bank N.A.’s investment portfolio, making the stock its 27th biggest holding. Community Bank N.A.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,738,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Jennison Associates LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 40.1% in the third quarter. Jennison Associates LLC now owns 1,713 shares of the exchange traded fund’s stock valued at $976,000 after buying an additional 490 shares during the last quarter. Citigroup Inc. lifted its stake in SPDR S&P MidCap 400 ETF Trust by 282.8% in the third quarter. Citigroup Inc. now owns 30,993 shares of the exchange traded fund’s stock valued at $17,655,000 after buying an additional 22,897 shares during the last quarter. Nwam LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at $1,278,000. Financial Council LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at $269,000. Finally, Camden National Bank lifted its stake in SPDR S&P MidCap 400 ETF Trust by 44.3% in the third quarter. Camden National Bank now owns 603 shares of the exchange traded fund’s stock valued at $344,000 after buying an additional 185 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY stock opened at $537.89 on Friday. The stock has a market capitalization of $22.26 billion, a price-to-earnings ratio of 18.55 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $511.97 and a 1 year high of $624.13. The stock’s fifty day moving average is $570.98 and its two-hundred day moving average is $576.32.

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.