Sanibel Captiva Trust Company Inc. Increases Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Sanibel Captiva Trust Company Inc. grew its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 46.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,112 shares of the exchange traded fund’s stock after acquiring an additional 665 shares during the quarter. Sanibel Captiva Trust Company Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,203,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in MDY. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 1.2% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,555 shares of the exchange traded fund’s stock valued at $886,000 after purchasing an additional 18 shares in the last quarter. GenTrust LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.5% in the 3rd quarter. GenTrust LLC now owns 3,372 shares of the exchange traded fund’s stock valued at $1,927,000 after buying an additional 18 shares in the last quarter. Hohimer Wealth Management LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% in the 3rd quarter. Hohimer Wealth Management LLC now owns 1,201 shares of the exchange traded fund’s stock valued at $684,000 after buying an additional 18 shares during the last quarter. Asset Management Group Inc. raised its stake in SPDR S&P MidCap 400 ETF Trust by 0.4% during the 2nd quarter. Asset Management Group Inc. now owns 4,864 shares of the exchange traded fund’s stock worth $2,603,000 after acquiring an additional 19 shares in the last quarter. Finally, SPC Financial Inc. lifted its position in SPDR S&P MidCap 400 ETF Trust by 3.2% in the third quarter. SPC Financial Inc. now owns 619 shares of the exchange traded fund’s stock valued at $353,000 after acquiring an additional 19 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY stock opened at $591.11 on Friday. The stock’s 50-day moving average is $590.29 and its two-hundred day moving average is $569.57. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $490.24 and a 1 year high of $624.13. The firm has a market cap of $23.36 billion, a price-to-earnings 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.