SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Sold by Royal Bank of Canada

Royal Bank of Canada reduced its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 32.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 491,661 shares of the exchange traded fund’s stock after selling 241,067 shares during the period. Royal Bank of Canada owned about 1.24% of SPDR S&P MidCap 400 ETF Trust worth $280,040,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Wells Fargo & Company MN grew its holdings in SPDR S&P MidCap 400 ETF Trust by 5.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,370,369 shares of the exchange traded fund’s stock valued at $780,535,000 after purchasing an additional 65,493 shares during the period. Proficio Capital Partners LLC boosted its stake in shares of 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 acquiring an additional 573,881 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth approximately $328,419,000. Moore Capital Management LP acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth approximately $300,169,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 18.0% in the fourth quarter. JPMorgan Chase & Co. now owns 401,198 shares of the exchange traded fund’s stock worth $228,514,000 after acquiring an additional 61,062 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA:MDY opened at $564.93 on Friday. The business’s 50 day moving average price is $523.95 and its 200-day moving average price is $563.41. The firm has a market capitalization of $23.00 billion, a PE ratio of 17.70 and a beta of 1.07. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13.

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.