Bank of Montreal Can Sells 8,964 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Bank of Montreal Can lowered its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 495,752 shares of the exchange traded fund’s stock after selling 8,964 shares during the quarter. Bank of Montreal Can’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $282,172,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock worth $1,237,772,000 after acquiring an additional 2,169,344 shares during the period. Granite Bay Wealth Management LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 6,346.6% in the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock valued at $1,136,513,000 after acquiring an additional 2,080,665 shares during the period. US Bancorp DE increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.1% in the third quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock worth $606,098,000 after acquiring an additional 11,719 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.8% during the third quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock worth $437,979,000 after purchasing an additional 5,825 shares during the period. Finally, Raymond James & Associates lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% during the 3rd quarter. Raymond James & Associates now owns 369,044 shares of the exchange traded fund’s stock valued at $210,230,000 after purchasing an additional 1,811 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY traded up $12.29 during trading hours on Monday, reaching $623.00. 272,190 shares of the company’s stock were exchanged, compared to its average volume of 830,429. The company has a market capitalization of $24.62 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The company’s 50-day moving average is $577.41 and its two-hundred day moving average is $556.38. SPDR S&P MidCap 400 ETF Trust has a one year low of $463.89 and a one year high of $623.62.

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.