Arbor Trust Wealth Advisors LLC Cuts Stake in SPDR S&P MidCap 400 ETF Trust $MDY

Arbor Trust Wealth Advisors LLC reduced its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 22.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,234 shares of the exchange traded fund’s stock after selling 3,013 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for about 2.7% of Arbor Trust Wealth Advisors LLC’s investment portfolio, making the stock its 12th largest position. Arbor Trust Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,197,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Activest Wealth Management lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 125.0% during the 3rd quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 30 shares during the period. Sound Income Strategies LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 177.8% during the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 32 shares during the period. High Point Wealth Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $34,000. Cloud Capital Management LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth about $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 255.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 51 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY stock opened at $659.29 on Friday. The firm has a market cap of $25.90 billion, a P/E ratio of 18.98 and a beta of 1.02. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $537.75 and a 1-year high of $685.50. The firm’s 50-day simple moving average is $640.93 and its 200-day simple moving average is $627.11.

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.