Exchange Capital Management Inc. Has $11.54 Million Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Exchange Capital Management Inc. lessened its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,265 shares of the exchange traded fund’s stock after selling 31 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises about 1.8% of Exchange Capital Management Inc.’s investment portfolio, making the stock its 11th largest position. Exchange Capital Management Inc. owned approximately 0.05% of SPDR S&P MidCap 400 ETF Trust worth $11,543,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. CWS Financial Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $1,890,000. Pine Valley Investments Ltd Liability Co lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.3% during the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 1,840 shares of the exchange traded fund’s stock valued at $1,051,000 after acquiring an additional 42 shares during the period. BankPlus Trust Department acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $805,000. Rothschild Investment LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 20.0% in the fourth quarter. Rothschild Investment LLC now owns 120 shares of the exchange traded fund’s stock valued at $69,000 after buying an additional 20 shares during the period. Finally, Genesis Wealth Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $644,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.1 %

NYSEARCA:MDY opened at $565.76 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $511.97 and a 1-year high of $624.13. The business’s 50-day moving average price is $581.48 and its two-hundred day moving average price is $577.58. The firm has a market capitalization of $23.83 billion, a price-to-earnings ratio of 19.87 and a beta of 1.13.

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.