Grove Bank & Trust Cuts Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Grove Bank & Trust cut its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,879 shares of the exchange traded fund’s stock after selling 21 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises about 1.0% of Grove Bank & Trust’s holdings, making the stock its 22nd largest holding. Grove Bank & Trust’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,336,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in SPDR S&P MidCap 400 ETF Trust by 1.2% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock valued at $886,000 after acquiring an additional 18 shares in the last quarter. GenTrust LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the 3rd quarter. GenTrust LLC now owns 3,372 shares of the exchange traded fund’s stock valued at $1,927,000 after purchasing an additional 18 shares during the last quarter. Hohimer Wealth Management LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% in the 3rd quarter. Hohimer Wealth Management LLC now owns 1,201 shares of the exchange traded fund’s stock valued at $684,000 after purchasing an additional 18 shares during the period. Asset Management Group Inc. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% in the 2nd quarter. Asset Management Group Inc. now owns 4,864 shares of the exchange traded fund’s stock valued at $2,603,000 after purchasing an additional 19 shares during the period. Finally, SPC Financial Inc. grew its stake in SPDR S&P MidCap 400 ETF Trust by 3.2% during the 3rd quarter. SPC Financial Inc. now owns 619 shares of the exchange traded fund’s stock worth $353,000 after buying an additional 19 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.4 %

Shares of NYSEARCA MDY opened at $591.11 on Friday. The stock has a market cap of $23.36 billion, a P/E ratio of 15.70 and a beta of 1.09. The stock has a 50 day moving average of $590.29 and a two-hundred day moving average of $569.57. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $490.24 and a twelve month high of $624.13.

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.