HM Payson & Co. Sells 145 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

HM Payson & Co. trimmed its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 10.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,228 shares of the exchange traded fund’s stock after selling 145 shares during the quarter. HM Payson & Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $699,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $328,419,000. Proficio Capital Partners LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 8,245.4% in the fourth quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock worth $330,835,000 after purchasing an additional 573,881 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 89,108.5% in the fourth quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock worth $214,932,000 after purchasing an additional 376,929 shares in the last quarter. SG Americas Securities LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the fourth quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock worth $151,355,000 after purchasing an additional 248,146 shares in the last quarter. Finally, Arvest Bank Trust Division acquired a new position in SPDR S&P MidCap 400 ETF Trust in the third quarter worth $137,029,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock opened at $546.20 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $511.97 and a 52 week high of $624.13. The firm has a market cap of $23.01 billion, a P/E ratio of 19.87 and a beta of 1.13. The business’s fifty day moving average is $577.92 and its two-hundred day moving average is $578.00.

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.