Inspire Trust Co. N.A. Buys 1,000 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Inspire Trust Co. N.A. increased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 9.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,000 shares of the exchange traded fund’s stock after buying an additional 1,000 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises approximately 1.3% of Inspire Trust Co. N.A.’s holdings, making the stock its 17th largest holding. Inspire Trust Co. N.A.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,152,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of MDY. Bank of Jackson Hole Trust lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 3.6% in the 2nd quarter. Bank of Jackson Hole Trust now owns 541 shares of the exchange traded fund’s stock worth $306,000 after acquiring an additional 19 shares during the last quarter. Assetmark Inc. lifted its stake in SPDR S&P MidCap 400 ETF Trust by 10.0% in the third quarter. Assetmark Inc. now owns 209 shares of the exchange traded fund’s stock worth $125,000 after purchasing an additional 19 shares during the last quarter. Cypress Capital LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 1.8% in the third quarter. Cypress Capital LLC now owns 1,106 shares of the exchange traded fund’s stock worth $659,000 after purchasing an additional 20 shares during the last quarter. Sagespring Wealth Partners LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% during the third quarter. Sagespring Wealth Partners LLC now owns 6,935 shares of the exchange traded fund’s stock valued at $4,134,000 after buying an additional 21 shares during the period. Finally, Keel Point LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 5.0% during the second quarter. Keel Point LLC now owns 483 shares of the exchange traded fund’s stock valued at $273,000 after buying an additional 23 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY opened at $658.61 on Friday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $662.65. The company has a market cap of $25.57 billion, a price-to-earnings ratio of 18.98 and a beta of 1.06. The business’s 50 day moving average price is $631.10 and its 200-day moving average price is $606.95.

SPDR S&P MidCap 400 ETF Trust Company 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.