Greenleaf Trust Has $3.66 Million Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Greenleaf Trust raised its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 22.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,420 shares of the exchange traded fund’s stock after acquiring an additional 1,174 shares during the quarter. Greenleaf Trust’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,657,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Ruedi Wealth Management Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at approximately $26,000. Ridgewood Investments LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at approximately $25,000. Addison Advisors LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at approximately $27,000. DiNuzzo Private Wealth Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at approximately $28,000. Finally, Chris Bulman Inc bought a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at approximately $30,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA MDY traded down $0.56 during trading hours on Wednesday, reaching $572.94. The company’s stock had a trading volume of 65,822 shares, compared to its average volume of 822,214. The firm has a fifty day simple moving average of $562.09 and a 200-day simple moving average of $547.53. The stock has a market cap of $22.64 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $424.22 and a 52 week high of $585.50.

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.