FineMark National Bank & Trust Has $69.12 Million Position in SPDR S&P MidCap 400 ETF Trust $MDY

FineMark National Bank & Trust reduced its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 122,014 shares of the exchange traded fund’s stock after selling 2,036 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for 2.4% of FineMark National Bank & Trust’s portfolio, making the stock its 8th largest position. FineMark National Bank & Trust owned about 0.31% of SPDR S&P MidCap 400 ETF Trust worth $69,118,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 12.6% during the fourth quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock valued at $1,162,000 after purchasing an additional 228 shares in the last quarter. Kestra Private Wealth Services LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 2.0% in the 1st quarter. Kestra Private Wealth Services LLC now owns 3,758 shares of the exchange traded fund’s stock valued at $2,005,000 after buying an additional 73 shares in the last quarter. IFP Advisors Inc increased its stake in SPDR S&P MidCap 400 ETF Trust by 5.6% during the 1st quarter. IFP Advisors Inc now owns 909 shares of the exchange traded fund’s stock valued at $485,000 after buying an additional 48 shares during the period. Crestwood Advisors Group LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 118.3% during the 1st quarter. Crestwood Advisors Group LLC now owns 2,927 shares of the exchange traded fund’s stock valued at $1,561,000 after buying an additional 1,586 shares during the period. Finally, Choreo LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 575.6% during the 1st quarter. Choreo LLC now owns 54,338 shares of the exchange traded fund’s stock worth $28,988,000 after buying an additional 46,295 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.3%

Shares of NYSEARCA:MDY opened at $577.19 on Wednesday. The company has a 50 day moving average of $594.75 and a 200-day moving average of $578.80. The firm has a market cap of $22.75 billion, a P/E ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $458.82 and a twelve 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.