SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) is Hills Bank & Trust Co’s 2nd Largest Position

Hills Bank & Trust Co reduced its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 120,979 shares of the exchange traded fund’s stock after selling 407 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for about 5.2% of Hills Bank & Trust Co’s holdings, making the stock its 2nd largest holding. Hills Bank & Trust Co owned approximately 0.31% of SPDR S&P MidCap 400 ETF Trust worth $68,917,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 62,301.7% during 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 during the period. Granite Bay Wealth Management LLC lifted its holdings 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 worth $1,136,513,000 after buying an additional 2,080,665 shares during the period. Strategic Financial Concepts LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 41,522.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 237,663 shares of the exchange traded fund’s stock worth $127,169,000 after buying an additional 237,092 shares during the period. Pinkerton Retirement Specialists LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth approximately $34,041,000. Finally, Kayne Anderson Rudnick Investment Management LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 114.4% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 107,037 shares of the exchange traded fund’s stock worth $57,264,000 after buying an additional 57,113 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

NYSEARCA MDY opened at $565.60 on Friday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $428.79 and a fifty-two week high of $585.50. The stock has a 50 day simple moving average of $564.83 and a two-hundred day simple moving average of $548.90. The stock has a market cap of $22.35 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.