SPDR S&P MidCap 400 ETF Trust $MDY Shares Sold by Mechanics Bank Trust Department

Mechanics Bank Trust Department trimmed its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 7.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,737 shares of the exchange traded fund’s stock after selling 920 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for 1.0% of Mechanics Bank Trust Department’s portfolio, making the stock its 27th biggest position. Mechanics Bank Trust Department’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,996,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Bailard Inc. grew its holdings in SPDR S&P MidCap 400 ETF Trust by 5.5% during the second quarter. Bailard Inc. now owns 6,731 shares of the exchange traded fund’s stock worth $3,813,000 after acquiring an additional 350 shares during the period. 1ST Source Bank boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% during the 2nd quarter. 1ST Source Bank now owns 36,139 shares of the exchange traded fund’s stock valued at $20,472,000 after purchasing an additional 119 shares in the last quarter. Tiller Private Wealth Inc. grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.2% in the 2nd quarter. Tiller Private Wealth Inc. now owns 28,354 shares of the exchange traded fund’s stock worth $16,063,000 after purchasing an additional 333 shares during the last quarter. Congress Asset Management Co. grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 115.6% in the 2nd quarter. Congress Asset Management Co. now owns 1,356 shares of the exchange traded fund’s stock worth $768,000 after purchasing an additional 727 shares during the last quarter. Finally, Financial Partners Group LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.4% in the 2nd quarter. Financial Partners Group LLC now owns 1,857 shares of the exchange traded fund’s stock worth $1,052,000 after purchasing an additional 25 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA:MDY opened at $611.31 on Monday. The stock has a market capitalization of $24.51 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $622.79. The company has a 50 day moving average price of $600.31 and a 200 day moving average price of $591.18.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.