OLD Point Trust & Financial Services N A Purchases Shares of 452 SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

OLD Point Trust & Financial Services N A acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the fourth quarter, HoldingsChannel reports. The firm acquired 452 shares of the exchange traded fund’s stock, valued at approximately $257,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Wilkins Investment Counsel Inc. acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $370,000. Passaic Partners LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $16,615,000. Flagship Wealth Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth approximately $50,000. 1ST Source Bank lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 0.4% during the 4th quarter. 1ST Source Bank now owns 36,156 shares of the exchange traded fund’s stock worth $20,594,000 after purchasing an additional 151 shares during the last quarter. Finally, Parallel Advisors LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 8.8% in the 4th quarter. Parallel Advisors LLC now owns 615 shares of the exchange traded fund’s stock valued at $350,000 after purchasing an additional 50 shares during the period.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA MDY opened at $545.97 on Thursday. SPDR S&P MidCap 400 ETF Trust has a one year low of $511.97 and a one year high of $624.13. The firm has a market cap of $22.60 billion, a price-to-earnings ratio of 18.55 and a beta of 1.14. The stock’s fifty day moving average price is $572.16 and its two-hundred day moving average price is $576.57.

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.