Wilkins Investment Counsel Inc. Invests $370,000 in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Wilkins Investment Counsel Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 650 shares of the exchange traded fund’s stock, valued at approximately $370,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in MDY. J.Safra Asset Management Corp bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $26,000. West Financial Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $28,000. New Wave Wealth Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $32,000. Brooklyn Investment Group bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $36,000. Finally, Synergy Investment Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at about $44,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

Shares of MDY stock opened at $545.97 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $511.97 and a 1-year high of $624.13. The stock’s 50-day moving average is $572.16 and its 200 day moving average is $576.57. The company has a market cap of $22.60 billion, a P/E ratio of 18.55 and a beta of 1.14.

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.