Private Ocean LLC Acquires 37 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Private Ocean LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,119 shares of the exchange traded fund’s stock after acquiring an additional 37 shares during the quarter. Private Ocean LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $622,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MDY. Deutsche Bank AG increased its stake in 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 valued at $1,231,000 after buying an additional 24 shares during the last quarter. FMR LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 4.2% during the 3rd quarter. FMR LLC now owns 21,252 shares of the exchange traded fund’s stock worth $9,705,000 after purchasing an additional 854 shares during the last quarter. Trexquant Investment LP purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth approximately $2,643,000. Qube Research & Technologies Ltd purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth approximately $4,396,000. Finally, Alpine Global Management LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 246.3% during the 3rd quarter. Alpine Global Management LLC now owns 3,345 shares of the exchange traded fund’s stock worth $1,527,000 after purchasing an additional 2,379 shares during the last quarter.

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

Shares of MDY stock opened at $535.08 on Friday. The company has a 50 day moving average of $538.47 and a 200-day moving average of $525.98. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $424.22 and a 12-month high of $558.34. The firm has a market cap of $21.15 billion, a P/E ratio of 15.70 and a beta of 1.09.

SPDR S&P MidCap 400 ETF Trust Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, July 31st. Investors of record on Friday, June 21st will be issued 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.