Royal Bank of Canada lowered its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 14.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 299,723 shares of the exchange traded fund’s stock after selling 52,600 shares during the quarter. Royal Bank of Canada owned about 0.76% of SPDR S&P MidCap 400 ETF Trust worth $184,858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Moors & Cabot Inc. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.0% in the 4th quarter. Moors & Cabot Inc. now owns 1,542 shares of the exchange traded fund’s stock valued at $930,000 after purchasing an additional 16 shares during the period. Colonial Trust Co SC grew its stake in SPDR S&P MidCap 400 ETF Trust by 2.4% in the fourth quarter. Colonial Trust Co SC now owns 689 shares of the exchange traded fund’s stock worth $416,000 after purchasing an additional 16 shares during the period. PFG Investments LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 2.5% in the fourth quarter. PFG Investments LLC now owns 741 shares of the exchange traded fund’s stock worth $447,000 after purchasing an additional 18 shares in the last quarter. TD Waterhouse Canada Inc. lifted its position in SPDR S&P MidCap 400 ETF Trust by 0.4% during the fourth quarter. TD Waterhouse Canada Inc. now owns 4,965 shares of the exchange traded fund’s stock valued at $2,995,000 after buying an additional 18 shares during the period. Finally, Larson Financial Group LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.8% during the 3rd quarter. Larson Financial Group LLC now owns 657 shares of the exchange traded fund’s stock valued at $392,000 after buying an additional 18 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Price Performance
NYSEARCA:MDY opened at $681.16 on Thursday. The firm’s 50-day moving average price is $687.27 and its 200-day moving average price is $658.46. The company has a market capitalization of $26.22 billion, a PE ratio of 18.98 and a beta of 1.00. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $559.89 and a 1-year high of $704.45.
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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.
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