Summit Trail Advisors LLC Increases Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Summit Trail Advisors LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 13.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,103 shares of the exchange traded fund’s stock after acquiring an additional 250 shares during the period. Summit Trail Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,202,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Ridgewood Investments LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter worth $25,000. Addison Advisors LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at about $27,000. DiNuzzo Private Wealth Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $28,000. Chris Bulman Inc bought a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the second quarter worth about $38,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 1.7 %

NYSEARCA:MDY opened at $610.71 on Monday. The firm’s 50 day moving average is $577.41 and its 200 day moving average is $556.38. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $463.89 and a 12 month high of $611.14. The stock has a market capitalization of $24.14 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.