Scotia Capital Inc. trimmed its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 6.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 3,353 shares of the exchange traded fund’s stock after selling 215 shares during the quarter. Scotia Capital Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,910,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also bought and sold shares of the company. J.Safra Asset Management Corp bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $26,000. West Financial Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $28,000. New Wave Wealth Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $32,000. Brooklyn Investment Group bought a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $36,000. Finally, CoreFirst Bank & Trust purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $40,000.
SPDR S&P MidCap 400 ETF Trust Trading Up 1.4 %
Shares of MDY stock opened at $497.47 on Friday. The firm’s 50 day moving average is $545.49 and its 200 day moving average is $571.45. The stock has a market capitalization of $20.41 billion, a P/E ratio of 18.90 and a beta of 1.14. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $458.82 and a 12 month high of $624.13.
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.
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