SPDR S&P MidCap 400 ETF Trust $MDY Shares Acquired by Caldwell Trust Co

Caldwell Trust Co boosted its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.7% in the 1st quarter, HoldingsChannel.com reports. The firm owned 21,591 shares of the exchange traded fund’s stock after buying an additional 777 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for about 1.2% of Caldwell Trust Co’s holdings, making the stock its 20th largest holding. Caldwell Trust Co’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $13,316,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Savvy Advisors Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at about $620,000. Daytona Street Capital LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $633,000. Clear Trail Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $575,000. Torrey Payne Wealth Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $10,046,000. Finally, Northland Securities Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $560,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

MDY stock opened at $695.29 on Friday. The company’s 50 day simple moving average is $675.44 and its 200-day simple moving average is $645.66. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $559.89 and a 12 month high of $704.12. The firm has a market capitalization of $27.32 billion, a PE ratio of 18.98 and a beta of 1.01.

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