Inspire Trust Co. N.A. Has $6.74 Million Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Inspire Trust Co. N.A. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 19.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,822 shares of the exchange traded fund’s stock after acquiring an additional 1,900 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up about 1.9% of Inspire Trust Co. N.A.’s investment portfolio, making the stock its 12th largest holding. Inspire Trust Co. N.A.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,735,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in MDY. International Assets Investment Management LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 62,301.7% in the 3rd quarter. International Assets Investment Management LLC now owns 2,172,826 shares of the exchange traded fund’s stock valued at $1,237,772,000 after acquiring an additional 2,169,344 shares in the last quarter. US Bancorp DE lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.1% in the third quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock worth $606,098,000 after purchasing an additional 11,719 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 0.8% during the third quarter. PNC Financial Services Group Inc. now owns 768,842 shares of the exchange traded fund’s stock worth $437,979,000 after purchasing an additional 5,825 shares during the last quarter. Bank of Montreal Can grew its position in SPDR S&P MidCap 400 ETF Trust by 3.5% in the second quarter. Bank of Montreal Can now owns 504,716 shares of the exchange traded fund’s stock valued at $269,741,000 after purchasing an additional 17,125 shares in the last quarter. Finally, Raymond James & Associates increased its stake in SPDR S&P MidCap 400 ETF Trust by 0.5% in the 3rd quarter. Raymond James & Associates now owns 369,044 shares of the exchange traded fund’s stock valued at $210,230,000 after buying an additional 1,811 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of NYSEARCA:MDY opened at $602.33 on Friday. The company’s 50-day moving average price is $590.00 and its two-hundred day moving average price is $562.33. SPDR S&P MidCap 400 ETF Trust has a one year low of $481.07 and a one year high of $624.13. The stock has a market capitalization of $23.80 billion, a PE ratio of 15.70 and a beta of 1.09.

SPDR S&P MidCap 400 ETF Trust Company 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.