Camden National Bank Buys 185 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Camden National Bank grew its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 44.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 603 shares of the exchange traded fund’s stock after purchasing an additional 185 shares during the period. Camden National Bank’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $344,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Financial Council LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth approximately $269,000. Nwam LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $1,278,000. Citigroup Inc. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 282.8% in the 3rd quarter. Citigroup Inc. now owns 30,993 shares of the exchange traded fund’s stock worth $17,655,000 after buying an additional 22,897 shares during the last quarter. Activest Wealth Management boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 454.2% in the 3rd quarter. Activest Wealth Management now owns 133 shares of the exchange traded fund’s stock worth $76,000 after buying an additional 109 shares during the last quarter. Finally, L & S Advisors Inc boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 6.1% in the 3rd quarter. L & S Advisors Inc now owns 1,269 shares of the exchange traded fund’s stock worth $723,000 after buying an additional 73 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Up 1.7 %

Shares of NYSEARCA MDY opened at $610.71 on Friday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $463.89 and a twelve month high of $611.14. The stock’s 50 day moving average price is $577.41 and its 200-day moving average price is $556.20. The company has a market capitalization of $24.14 billion, a PE ratio of 15.70 and a beta of 1.09.

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.