SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Stake Trimmed by First Hawaiian Bank

First Hawaiian Bank lessened its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.9% during the 4th quarter, HoldingsChannel reports. The fund owned 47,932 shares of the exchange traded fund’s stock after selling 1,955 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for approximately 0.9% of First Hawaiian Bank’s portfolio, making the stock its 13th biggest holding. First Hawaiian Bank’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $27,301,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rise Advisors LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 6.6% during the fourth quarter. Rise Advisors LLC now owns 681 shares of the exchange traded fund’s stock valued at $388,000 after acquiring an additional 42 shares during the period. Bangor Savings Bank increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 46.1% in the fourth quarter. Bangor Savings Bank now owns 523 shares of the exchange traded fund’s stock valued at $298,000 after purchasing an additional 165 shares in the last quarter. First City Capital Management Inc. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 54.6% during the fourth quarter. First City Capital Management Inc. now owns 1,402 shares of the exchange traded fund’s stock worth $799,000 after acquiring an additional 495 shares during the last quarter. SK Wealth Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at about $1,547,000. Finally, JPMorgan Chase & Co. boosted its stake in SPDR S&P MidCap 400 ETF Trust by 5.9% in the third quarter. JPMorgan Chase & Co. now owns 340,136 shares of the exchange traded fund’s stock valued at $193,762,000 after acquiring an additional 19,030 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.3 %

Shares of MDY stock traded up $1.50 on Wednesday, reaching $573.73. The company had a trading volume of 536,115 shares, compared to its average volume of 835,823. The stock has a market cap of $22.67 billion, a PE ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $487.66 and a 12 month high of $624.13. The company has a 50-day moving average of $590.87 and a 200-day moving average of $567.57.

SPDR S&P MidCap 400 ETF Trust 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.