SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) is Granite Bay Wealth Management LLC’s Largest Position

Granite Bay Wealth Management LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,326 shares of the exchange traded fund’s stock after buying an additional 1,562 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up 9.4% of Granite Bay Wealth Management LLC’s portfolio, making the stock its biggest position. Granite Bay Wealth Management LLC owned about 0.11% of SPDR S&P MidCap 400 ETF Trust worth $25,247,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. International Assets Investment Management LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock valued at $1,237,772,000 after buying an additional 2,169,344 shares during the period. US Bancorp DE increased its position in SPDR S&P MidCap 400 ETF Trust by 1.1% during the third quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock valued at $606,098,000 after acquiring an additional 11,719 shares during the last quarter. PNC Financial Services Group Inc. increased its position in SPDR S&P MidCap 400 ETF Trust by 0.8% during the third quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock valued at $437,979,000 after acquiring an additional 5,825 shares during the last quarter. Bank of Montreal Can lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 3.5% in the second quarter. Bank of Montreal Can now owns 504,716 shares of the exchange traded fund’s stock valued at $269,741,000 after acquiring an additional 17,125 shares during the period. Finally, Raymond James & Associates boosted its position in SPDR S&P MidCap 400 ETF Trust by 0.5% in the third quarter. Raymond James & Associates now owns 369,044 shares of the exchange traded fund’s stock worth $210,230,000 after purchasing an additional 1,811 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.8 %

NYSEARCA MDY opened at $570.20 on Tuesday. The company has a 50-day moving average price of $591.05 and a 200-day moving average price of $568.61. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $487.66 and a 52 week high of $624.13. The firm has a market capitalization of $22.53 billion, a P/E ratio of 15.70 and a beta of 1.09.

About SPDR S&P MidCap 400 ETF Trust

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.