Hancock Whitney Corp Decreases Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Hancock Whitney Corp cut its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.2% in the 2nd quarter, HoldingsChannel reports. The fund owned 28,336 shares of the exchange traded fund’s stock after selling 650 shares during the quarter. Hancock Whitney Corp’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $15,162,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Granite Bay Wealth Management LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 6,346.6% during the 2nd 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 purchasing an additional 2,080,665 shares during the period. Pathstone Holdings LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $485,301,000. Scarborough Advisors LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2,656.0% during the fourth quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock valued at $154,137,000 after buying an additional 292,768 shares during the period. Strategic Financial Concepts LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 41,522.2% during the second quarter. Strategic Financial Concepts LLC now owns 237,663 shares of the exchange traded fund’s stock valued at $127,169,000 after buying an additional 237,092 shares during the period. Finally, Global Assets Advisory LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter valued at approximately $122,938,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.7 %

NYSEARCA:MDY opened at $566.52 on Friday. The company has a 50-day moving average price of $552.03 and a 200-day moving average price of $543.17. The stock has a market cap of $22.39 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $424.22 and a 12 month high of $574.11.

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.