1ST Source Bank Acquires 119 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

1ST Source Bank boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,139 shares of the exchange traded fund’s stock after purchasing an additional 119 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises 1.1% of 1ST Source Bank’s holdings, making the stock its 15th largest holding. 1ST Source Bank owned 0.09% of SPDR S&P MidCap 400 ETF Trust worth $20,472,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of MDY. Aviso Financial Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $27,000. Marshall Investment Management LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at about $33,000. RMG Wealth Management LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at about $45,000. Banque Cantonale Vaudoise purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at approximately $51,000. Finally, 1 North Wealth Services LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth approximately $52,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $592.78 on Friday. The firm has a market capitalization of $23.37 billion, a P/E ratio of 18.98 and a beta of 1.06. The company’s fifty day moving average price is $596.05 and its 200-day moving average price is $575.11. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $624.13.

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.