<SEC-DOCUMENT>0000950103-14-002015.txt : 20140321
<SEC-HEADER>0000950103-14-002015.hdr.sgml : 20140321
<ACCEPTANCE-DATETIME>20140321100619
ACCESSION NUMBER:		0000950103-14-002015
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20140321
DATE AS OF CHANGE:		20140321
EFFECTIVENESS DATE:		20140321

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SPDR S&P MIDCAP 400 ETF TRUST
		CENTRAL INDEX KEY:			0000936958
		IRS NUMBER:				137077797
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-89088
		FILM NUMBER:		14708767

	BUSINESS ADDRESS:	
		STREET 1:		PDR SERVICES LLC C/O NYSE EURONEXT
		STREET 2:		11 WALL STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005
		BUSINESS PHONE:		212-656-4440

	MAIL ADDRESS:	
		STREET 1:		PDR SERVICES LLC C/O NYSE EURONEXT
		STREET 2:		11 WALL STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MIDCAP SPDR TRUST SERIES 1
		DATE OF NAME CHANGE:	19950207
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<FILENAME>dp44949_497.htm
<DESCRIPTION>FORM 497
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">SPDR<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">&#174;</font> S&amp;P MIDCAP 400<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">&#174;</font> ETF Trust</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(A Unit Investment Trust)</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Supplement Dated March 21, 2014</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Prospectus Dated January 23, 2014*</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Pursuant to the Trust Agreement, the Trustee may use the services of an unaffiliated broker-dealer or an affiliated broker-dealer for the execution of all brokerage transactions for the Trust, including the periodic rebalancing of the Trust&#8217;s Portfolio and all acquisitions of securities relating to the Dividend Reinvestment Service.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Under &#8220;EXPENSES OF THE TRUST,&#8221; on page 58 of the Prospectus, the fourth, fifth and sixth paragraphs are replaced by the following:</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">From 1999 until April 1, 2014, the Trustee used the services of BNY ConvergEx Execution Solutions LLC (&#8220;ConvergEx&#8221;), an affiliated broker-dealer, for the execution of all brokerage transactions for the Trust, including adjustments to the Portfolio in connection with the addition or removal of Index Securities from the Index and acquisitions of Index Securities in connection with the Dividend Reinvestment Service.&#160;&#160;Starting April 1, 2014, the Trustee will use BNY Mellon Capital Markets, LLC, an affiliate of the Trustee, and one or more unaffiliated broker-dealers, instead of ConvergEx, for the execution of all brokerage transactions for the Trust.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Trust Agreement requires the Trustee to direct its securities transactions only to brokers or dealers, which may include affiliates of the Trustee, from which the Trustee expects to obtain the most favorable prices for execution of orders. The Trustee reviewed the execution services provided by ConvergEx and determined that they were consistent with the requirements of the Trust Agreement. The Trustee will review all execution services provided by broker-dealers to the Trust, including the services of BNY Mellon Capital Markets, LLC, for consistency with the requirements of the Trust Agreement.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Aggregate annual brokerage commissions paid by the Trust to affiliated brokers of the Trustee are included in Note 8, Related Party Transactions, in the Notes to the Trust&#8217;s financial statements.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">* Defined terms used herein and not otherwise defined shall have the meaning assigned to such terms in the Prospectus, dated January 23, 2014.</font></div>
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