Hills Bank & Trust Co lessened its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 0.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,979 shares of the exchange traded fund’s stock after selling 407 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up about 5.2% of Hills Bank & Trust Co’s investment portfolio, making the stock its 2nd largest holding. Hills Bank & Trust Co’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $68,917,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MDY. Ridgewood Investments LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $25,000. Ruedi Wealth Management Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at $26,000. Addison Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $27,000. DiNuzzo Private Wealth Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $28,000. Finally, Chris Bulman Inc purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $30,000.
SPDR S&P MidCap 400 ETF Trust Price Performance
MDY stock opened at $565.60 on Friday. The company has a market cap of $22.35 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $428.79 and a 1 year high of $585.50. The stock’s fifty day moving average price is $564.83 and its 200-day moving average price is $548.90.
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.
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