Truist Financial Corp Sells 476 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Truist Financial Corp reduced its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 146,443 shares of the exchange traded fund’s stock after selling 476 shares during the quarter. Truist Financial Corp’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $74,302,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Granite Bay Wealth Management LLC boosted its stake 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 valued at $1,192,724,000 after buying an additional 33,187 shares during the period. International Assets Investment Management LLC boosted its stake 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 valued at $764,039,000 after buying an additional 1,502,655 shares during the period. Pathstone Family Office LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 50,563.5% during the third quarter. Pathstone Family Office LLC now owns 963,113 shares of the exchange traded fund’s stock valued at $439,796,000 after purchasing an additional 961,212 shares in the last quarter. Raymond James & Associates raised its position in SPDR S&P MidCap 400 ETF Trust by 9.8% during the fourth quarter. Raymond James & Associates now owns 399,875 shares of the exchange traded fund’s stock valued at $202,889,000 after purchasing an additional 35,734 shares in the last quarter. Finally, Conservest Capital Advisors Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 0.6% during the third quarter. Conservest Capital Advisors Inc. now owns 254,922 shares of the exchange traded fund’s stock valued at $116,408,000 after purchasing an additional 1,478 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY opened at $529.38 on Friday. SPDR S&P MidCap 400 ETF Trust has a one year low of $424.22 and a one year high of $558.34. The company has a market cap of $21.54 billion, a P/E ratio of 15.15 and a beta of 1.09. The firm has a 50 day simple moving average of $534.69 and a two-hundred day simple moving average of $499.57.

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.