Sanibel Captiva Trust Company Inc. Grows Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Sanibel Captiva Trust Company Inc. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 31.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,447 shares of the exchange traded fund’s stock after buying an additional 347 shares during the period. Sanibel Captiva Trust Company Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $824,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Granite Bay Wealth Management LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 6,346.6% in the second quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock worth $1,136,513,000 after purchasing an additional 2,080,665 shares during the period. Bank of Montreal Can grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.5% during the second quarter. Bank of Montreal Can now owns 504,716 shares of the exchange traded fund’s stock worth $269,741,000 after acquiring an additional 17,125 shares during the last quarter. Raymond James & Associates grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.9% during the second quarter. Raymond James & Associates now owns 367,233 shares of the exchange traded fund’s stock worth $196,499,000 after acquiring an additional 10,447 shares during the last quarter. Scarborough Advisors LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 2,656.0% in the fourth quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock valued at $154,137,000 after buying an additional 292,768 shares during the last quarter. Finally, Strategic Financial Concepts LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 41,522.2% in the second quarter. Strategic Financial Concepts LLC now owns 237,663 shares of the exchange traded fund’s stock valued at $127,169,000 after buying an additional 237,092 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.5 %

Shares of NYSEARCA MDY opened at $566.49 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $424.22 and a 52 week high of $574.28. The firm has a market cap of $22.39 billion, a P/E ratio of 15.70 and a beta of 1.09. The business’s 50 day moving average price is $554.38 and its 200 day moving average price is $545.72.

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.