First Financial Bank Trust Division decreased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 5.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,584 shares of the exchange traded fund’s stock after selling 1,144 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up 1.0% of First Financial Bank Trust Division’s investment portfolio, making the stock its 24th largest position. First Financial Bank Trust Division’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $10,585,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of MDY. SK Wealth Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter valued at approximately $1,547,000. JPMorgan Chase & Co. increased its position in SPDR S&P MidCap 400 ETF Trust by 5.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 340,136 shares of the exchange traded fund’s stock valued at $193,762,000 after purchasing an additional 19,030 shares during the period. B. Riley Wealth Advisors Inc. increased its position in SPDR S&P MidCap 400 ETF Trust by 22.7% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 6,146 shares of the exchange traded fund’s stock valued at $3,500,000 after purchasing an additional 1,138 shares during the period. Inspire Trust Co. N.A. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 19.1% in the 3rd quarter. Inspire Trust Co. N.A. now owns 11,822 shares of the exchange traded fund’s stock worth $6,735,000 after purchasing an additional 1,900 shares in the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 12.9% in the 3rd quarter. Franklin Resources Inc. now owns 16,107 shares of the exchange traded fund’s stock worth $9,334,000 after purchasing an additional 1,837 shares during the period.
SPDR S&P MidCap 400 ETF Trust Stock Performance
Shares of NYSEARCA MDY traded down $1.34 during midday trading on Thursday, hitting $568.24. 902,823 shares of the company traded hands, compared to its average volume of 845,826. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $487.66 and a 12-month high of $624.13. The firm has a market cap of $22.46 billion, a P/E ratio of 15.70 and a beta of 1.09. The stock has a 50-day moving average price of $590.76 and a 200 day moving average price of $566.31.
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.
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