SVB Wealth LLC Lowers Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

SVB Wealth LLC trimmed its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 46.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,673 shares of the exchange traded fund’s stock after selling 5,831 shares during the quarter. SVB Wealth LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,386,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 250,264.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 9,523,871 shares of the exchange traded fund’s stock worth $4,217,075,000 after acquiring an additional 9,520,067 shares during the period. Granite Bay Wealth Management LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.3% in the fourth quarter. Granite Bay Wealth Management LLC now owns 2,570,040 shares of the exchange traded fund’s stock worth $1,192,724,000 after acquiring an additional 33,187 shares during the period. International Assets Investment Management LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 47,016.7% in the fourth quarter. International Assets Investment Management LLC now owns 1,505,851 shares of the exchange traded fund’s stock worth $764,039,000 after acquiring an additional 1,502,655 shares during the period. Morgan Stanley raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 8.2% in the fourth quarter. Morgan Stanley now owns 1,140,904 shares of the exchange traded fund’s stock worth $505,181,000 after acquiring an additional 86,561 shares during the period. Finally, Pathstone Family Office LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 50,563.5% in the third quarter. Pathstone Family Office LLC now owns 963,113 shares of the exchange traded fund’s stock worth $439,796,000 after acquiring an additional 961,212 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $517.41 on Thursday. The firm has a 50-day simple moving average of $533.09 and a two-hundred day simple moving average of $495.83. The company has a market cap of $20.85 billion, a P/E ratio of 15.42 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $424.22 and a fifty-two week high of $558.34.

About SPDR S&P MidCap 400 ETF Trust

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.