604 Shares in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Acquired by Rappaport Reiches Capital Management LLC

Rappaport Reiches Capital Management LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 604 shares of the exchange traded fund’s stock, valued at approximately $344,000.

Other institutional investors have also added to or reduced their stakes in the company. Ridgewood Investments LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at approximately $25,000. Ruedi Wealth Management Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at approximately $26,000. Addison Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at approximately $27,000. Chris Bulman Inc acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at approximately $38,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

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 50 day moving average price of $554.64 and a two-hundred day moving average price of $545.87. The stock has a market cap of $22.39 billion, a P/E ratio of 15.70 and a beta of 1.09.

SPDR S&P MidCap 400 ETF Trust 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.