First Business Financial Services Inc. Takes $207,000 Position in SPDR S&P MidCap 400 ETF (MDY)

First Business Financial Services Inc. acquired a new stake in SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 600 shares of the exchange traded fund’s stock, valued at approximately $207,000.

Several other large investors have also recently bought and sold shares of the company. Goelzer Investment Management Inc. boosted its stake in shares of SPDR S&P MidCap 400 ETF by 2.6% in the 4th quarter. Goelzer Investment Management Inc. now owns 18,803 shares of the exchange traded fund’s stock valued at $6,495,000 after purchasing an additional 485 shares during the last quarter. Nicollet Investment Management Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF in the 4th quarter valued at $2,637,000. Retirement Income Solutions Inc bought a new stake in shares of SPDR S&P MidCap 400 ETF in the 4th quarter valued at $23,867,000. Price Capital Management Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF in the 4th quarter valued at $172,000. Finally, Mendel Money Management bought a new stake in shares of SPDR S&P MidCap 400 ETF in the 4th quarter valued at $486,000.

Shares of SPDR S&P MidCap 400 ETF (NYSEARCA MDY) opened at $331.03 on Friday. SPDR S&P MidCap 400 ETF has a 12 month low of $303.85 and a 12 month high of $363.70.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Monday, December 18th were paid a $1.2987 dividend. This represents a $5.19 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date was Friday, December 15th.

ILLEGAL ACTIVITY WARNING: This piece was originally posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this piece on another site, it was stolen and republished in violation of international trademark and copyright law. The original version of this piece can be viewed at https://sportsperspectives.com/2018/02/10/first-business-financial-services-inc-takes-207000-position-in-spdr-sp-midcap-400-etf-mdy.html.

SPDR S&P MidCap 400 ETF 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.

Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF (NYSEARCA:MDY).

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

Receive News & Ratings for SPDR S&P MidCap 400 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply