SPDR S&P MidCap 400 ETF Trust (MDY) Stake Decreased by Naples Global Advisors LLC

Naples Global Advisors LLC lessened its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,434 shares of the exchange traded fund’s stock after selling 210 shares during the quarter. Naples Global Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,913,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Ellis Investment Partners LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 34,034.7% in the 1st quarter. Ellis Investment Partners LLC now owns 1,145,218 shares of the exchange traded fund’s stock valued at $1,145,000 after purchasing an additional 1,141,863 shares during the last quarter. Eqis Capital Management Inc. raised its position in SPDR S&P MidCap 400 ETF Trust by 48,775.4% in the 4th quarter. Eqis Capital Management Inc. now owns 465,783 shares of the exchange traded fund’s stock valued at $140,978,000 after purchasing an additional 464,830 shares during the last quarter. Duality Advisers LP purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at $55,619,000. Kayne Anderson Rudnick Investment Management LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 1,374.5% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 193,126 shares of the exchange traded fund’s stock valued at $58,428,000 after purchasing an additional 180,028 shares during the last quarter. Finally, Matthew Goff Investment Advisor LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $2,062,000.

MDY stock traded up $0.99 on Monday, hitting $360.37. The company’s stock had a trading volume of 47,015 shares, compared to its average volume of 1,109,663. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $284.45 and a 1 year high of $374.10.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, March 18th will be given a $0.8844 dividend. The ex-dividend date is Friday, March 15th. This represents a $3.54 annualized dividend and a yield of 0.98%.

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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.

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

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