SPDR S&P MidCap 400 ETF Trust $MDY Shares Sold by Bank of Nova Scotia

Bank of Nova Scotia lessened its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 49.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 3,311 shares of the exchange traded fund’s stock after selling 3,210 shares during the period. Bank of Nova Scotia’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,042,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in MDY. Sound Income Strategies LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 177.8% during the fourth quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 32 shares during the last quarter. High Point Wealth Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $34,000. EFG International AG acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $40,000. Ascentis Independent Advisors acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $41,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 255.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 51 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY opened at $681.16 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $559.89 and a 1 year high of $704.45. The firm’s 50 day moving average price is $687.27 and its 200 day moving average price is $658.46. The firm has a market cap of $26.22 billion, a P/E ratio of 18.98 and a beta of 1.00.

SPDR S&P MidCap 400 ETF Trust Company 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.