Sabal Trust CO Lowers Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Sabal Trust CO reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 10.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,593 shares of the exchange traded fund’s stock after selling 509 shares during the period. Sabal Trust CO’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,616,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MDY. West Financial Advisors LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth approximately $28,000. New Wave Wealth Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth $32,000. Brooklyn Investment Group purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $36,000. Peterson Financial Group Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $68,000. Finally, Newton One Investments LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $69,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA:MDY opened at $565.55 on Wednesday. The firm has a market cap of $23.82 billion, a P/E ratio of 19.87 and a beta of 1.13. SPDR S&P MidCap 400 ETF Trust has a one year low of $511.97 and a one year high of $624.13. The firm has a 50-day simple moving average of $580.95 and a 200-day simple moving average of $577.78.

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.