SPDR S&P MidCap 400 ETF Trust Profile
MidCap SPDR Trust, Series 1 operates as a unit investment trust. The Trust invests primarily in Common Stocks.
The Trust was created to provide investors with the opportunity to purchase a security representing a proportionate undivided interest in a portfolio of securities consisting of substantially all of the common stocks, in substantially the same weighting, which include the Standard & Poor’s Midcap 400 Composite Price Index (the S&P MidCap Index).
The Trust’s holdings include the 400 stocks in the S&P MidCap 400 Index, which is designed to capture the price performance of the middle capitalization segment of the U.S. publicly traded stock market.
Investment Portfolio
The Trust’s investment portfolio, as of September 30, 2006, included major investments in the sectors of Capital Goods, Utilities, Energy, Retailing, Health Care Equipment & Services, Software & Services, Banks, Technology Hardware & Equipment, Insurance, Materials, and Real Estate.
