Midwest Trust Co Has $39.31 Million Stock Position in SPDR S&P MidCap 400 ETF Trust $MDY

Midwest Trust Co lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.0% in the first quarter, HoldingsChannel reports. The fund owned 63,739 shares of the exchange traded fund’s stock after selling 1,276 shares during the period. Midwest Trust Co’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $39,312,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of MDY. Wells Fargo & Company MN boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 6.9% in the 4th quarter. Wells Fargo & Company MN now owns 1,343,298 shares of the exchange traded fund’s stock valued at $810,385,000 after purchasing an additional 87,207 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 5.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 830,031 shares of the exchange traded fund’s stock valued at $500,741,000 after acquiring an additional 41,757 shares during the last quarter. Moore Capital Management LP lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 73.2% in the 2nd quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock valued at $358,993,000 after acquiring an additional 267,800 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 5.4% during the 4th quarter. Raymond James Financial Inc. now owns 557,992 shares of the exchange traded fund’s stock valued at $336,626,000 after acquiring an additional 28,459 shares in the last quarter. Finally, Bank of Montreal Can boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.2% during the 4th quarter. Bank of Montreal Can now owns 513,790 shares of the exchange traded fund’s stock valued at $309,959,000 after acquiring an additional 11,060 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY stock traded down $0.40 during midday trading on Friday, reaching $689.82. 613,320 shares of the stock were exchanged, compared to its average volume of 968,925. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $559.89 and a 52 week high of $704.45. The company has a fifty day moving average price of $681.67 and a 200 day moving average price of $651.45. The stock has a market capitalization of $27.23 billion, a PE ratio of 18.98 and a beta of 1.00.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.