German American Bancorp Inc. Acquires 100 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

German American Bancorp Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 8.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,242 shares of the exchange traded fund’s stock after purchasing an additional 100 shares during the quarter. German American Bancorp Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $708,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. International Assets Investment Management LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 62,301.7% during the third 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. Granite Bay Wealth Management LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 6,346.6% in the 2nd quarter. Granite Bay Wealth Management LLC now owns 2,113,449 shares of the exchange traded fund’s stock valued at $1,136,513,000 after purchasing an additional 2,080,665 shares during the period. US Bancorp DE increased its stake in SPDR S&P MidCap 400 ETF Trust by 1.1% during the 3rd quarter. US Bancorp DE now owns 1,063,964 shares of the exchange traded fund’s stock valued at $606,098,000 after purchasing an additional 11,719 shares in the last quarter. PNC Financial Services Group Inc. raised 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 buying an additional 5,825 shares during the last quarter. Finally, Bank of Montreal Can lifted its stake in shares of 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 buying an additional 17,125 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

MDY stock opened at $591.18 on Thursday. The business has a 50-day simple moving average of $575.20 and a two-hundred day simple moving average of $555.42. The company has a market capitalization of $23.36 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 $463.09 and a 52-week high of $609.69.

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.