SG Americas Securities LLC Decreases Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

SG Americas Securities LLC cut its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 81.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,816 shares of the exchange traded fund’s stock after selling 85,578 shares during the period. SG Americas Securities LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,985,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Doyle Wealth Management purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth about $44,000. SRS Capital Advisors Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $50,000. YorkBridge Wealth Partners LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $62,000. Financial Advantage Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $70,000. Finally, Horan Capital Advisors LLC. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $75,000.

Shares of MDY traded up $1.05 during midday trading on Friday, reaching $364.22. 532,571 shares of the stock were exchanged, compared to its average volume of 1,060,054. The business’s 50-day moving average price is $352.89 and its 200 day moving average price is $350.08. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $284.45 and a twelve month high of $366.34.

The company also recently announced a — dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd were given a dividend of $1.3726 per share. This represents a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, September 20th.

SPDR S&P MidCap 400 ETF Trust Company 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.

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Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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