Adirondack Trust Co. Raises Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Adirondack Trust Co. lifted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.4% during the fourth quarter, Holdings Channel reports. The fund owned 10,836 shares of the exchange traded fund’s stock after acquiring an additional 47 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for 2.4% of Adirondack Trust Co.’s holdings, making the stock its 6th largest position. Adirondack Trust Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,172,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in MDY. International Assets Investment Management LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 62,301.7% in the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock worth $1,237,772,000 after buying an additional 2,169,344 shares during the period. US Bancorp DE increased its position in SPDR S&P MidCap 400 ETF Trust by 1.1% in the 3rd quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock worth $606,098,000 after buying an additional 11,719 shares during the period. PNC Financial Services Group Inc. increased its position in SPDR S&P MidCap 400 ETF Trust by 0.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock worth $437,979,000 after buying an additional 5,825 shares during the period. Raymond James & Associates increased its position in 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 buying an additional 1,811 shares during the period. Finally, JPMorgan Chase & Co. increased its position in SPDR S&P MidCap 400 ETF Trust by 5.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 340,136 shares of the exchange traded fund’s stock worth $193,762,000 after buying an additional 19,030 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.4 %

Shares of NYSEARCA:MDY opened at $598.56 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $495.53 and a 1-year high of $624.13. The firm has a market capitalization of $23.66 billion, a PE ratio of 15.70 and a beta of 1.09. The business’s 50 day moving average is $589.97 and its 200-day moving average is $571.21.

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.