SouthState Corp Sells 90 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

SouthState Corp reduced its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 15.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 481 shares of the exchange traded fund’s stock after selling 90 shares during the quarter. SouthState Corp’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $244,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of MDY. West Branch Capital LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $25,000. Hazlett Burt & Watson Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 30 shares in the last quarter. Authentikos Wealth Advisory LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at approximately $32,000. Bruce G. Allen Investments LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at approximately $44,000. Finally, FinTrust Capital Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $46,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY traded up $5.35 during mid-day trading on Friday, hitting $535.41. 951,016 shares of the stock were exchanged, compared to its average volume of 945,080. The company has a market cap of $21.79 billion, a PE ratio of 15.15 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $558.34. The firm has a 50-day moving average of $535.56 and a two-hundred day moving average of $501.35.

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.