SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Sold by Sandy Spring Bank

Sandy Spring Bank decreased its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 93,059 shares of the exchange traded fund’s stock after selling 1,065 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for approximately 2.1% of Sandy Spring Bank’s portfolio, making the stock its 9th biggest position. Sandy Spring Bank’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $53,005,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $26,000. West Financial Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $28,000. New Wave Wealth Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $32,000. Brooklyn Investment Group acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $36,000. Finally, Synergy Investment Management LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $44,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY stock opened at $545.97 on Thursday. The stock has a market cap of $22.60 billion, a P/E ratio of 18.55 and a beta of 1.14. The company has a fifty day moving average price of $572.16 and a two-hundred day moving average price of $576.57. SPDR S&P MidCap 400 ETF Trust has a one year low of $511.97 and a one year 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.