SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Sold by Founders Financial Securities LLC

Founders Financial Securities LLC reduced its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 18.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,590 shares of the exchange traded fund’s stock after selling 568 shares during the period. Founders Financial Securities LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,441,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Granite Bay Wealth Management LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 1.3% during the 4th quarter. Granite Bay Wealth Management LLC now owns 2,570,040 shares of the exchange traded fund’s stock worth $1,192,724,000 after acquiring an additional 33,187 shares in the last quarter. International Assets Investment Management LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 47,016.7% in the 4th quarter. International Assets Investment Management LLC now owns 1,505,851 shares of the exchange traded fund’s stock valued at $764,039,000 after purchasing an additional 1,502,655 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% in the 4th quarter. Wells Fargo & Company MN now owns 1,476,549 shares of the exchange traded fund’s stock valued at $749,171,000 after purchasing an additional 22,417 shares in the last quarter. Pathstone Holdings LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at approximately $485,301,000. Finally, UBS Group AG raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.0% in the 4th quarter. UBS Group AG now owns 611,939 shares of the exchange traded fund’s stock valued at $310,486,000 after purchasing an additional 12,187 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY traded up $1.51 during trading on Friday, reaching $535.08. The stock had a trading volume of 901,193 shares, compared to its average volume of 883,160. SPDR S&P MidCap 400 ETF Trust has a one year low of $424.22 and a one year high of $558.34. The stock has a market cap of $21.15 billion, a PE ratio of 15.70 and a beta of 1.09. The firm’s 50 day moving average price is $538.47 and its two-hundred day moving average price is $525.98.

SPDR S&P MidCap 400 ETF Trust Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Friday, June 21st will be issued a $1.9974 dividend. The ex-dividend date is Friday, June 21st.

SPDR S&P MidCap 400 ETF Trust Profile

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.