MCF Advisors LLC Lowers Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

MCF Advisors LLC trimmed its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.4% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 23,316 shares of the exchange traded fund’s stock after selling 93 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up about 1.0% of MCF Advisors LLC’s investment portfolio, making the stock its 19th biggest position. MCF Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $12,984,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Osborne Partners Capital Management LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% in the 4th quarter. Osborne Partners Capital Management LLC now owns 2,292 shares of the exchange traded fund’s stock worth $1,163,000 after purchasing an additional 20 shares during the period. CX Institutional lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.8% in the 4th quarter. CX Institutional now owns 2,493 shares of the exchange traded fund’s stock worth $1,265,000 after purchasing an additional 21 shares during the period. Warner Financial Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.0% in the 4th quarter. Warner Financial Inc. now owns 2,182 shares of the exchange traded fund’s stock worth $1,107,000 after purchasing an additional 21 shares during the period. Lowe Wealth Advisors LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.6% in the 4th quarter. Lowe Wealth Advisors LLC now owns 3,832 shares of the exchange traded fund’s stock worth $1,944,000 after purchasing an additional 23 shares during the period. Finally, Deutsche Bank AG lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% in the 3rd quarter. Deutsche Bank AG now owns 2,695 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 24 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.3 %

Shares of MDY traded up $1.51 during mid-day trading on Friday, hitting $535.08. The company’s stock had a trading volume of 901,193 shares, compared to its average volume of 883,160. The company’s 50-day moving average is $538.47 and its 200-day moving average is $525.68. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $558.34. The firm has a market capitalization of $21.15 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.

SPDR S&P MidCap 400 ETF Trust Announces Dividend

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

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.