SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Shares Bought by FCG Investment Co

FCG Investment Co grew its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 43.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 725 shares of the exchange traded fund’s stock after buying an additional 218 shares during the period. FCG Investment Co’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $403,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. International Assets Investment Management LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 47,016.7% during the 4th quarter. International Assets Investment Management LLC now owns 1,505,851 shares of the exchange traded fund’s stock worth $764,039,000 after purchasing an additional 1,502,655 shares during the period. Pathstone Holdings LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $485,301,000. Scarborough Advisors LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 2,656.0% in the 4th quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock valued at $154,137,000 after acquiring an additional 292,768 shares during the period. Global Assets Advisory LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth approximately $122,938,000. Finally, Employees Retirement System of Texas raised its position in SPDR S&P MidCap 400 ETF Trust by 143.8% during the 3rd quarter. Employees Retirement System of Texas now owns 108,500 shares of the exchange traded fund’s stock worth $49,545,000 after buying an additional 64,000 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.2 %

Shares of MDY traded up $1.15 during trading hours on Thursday, reaching $532.90. The company had a trading volume of 670,994 shares, compared to its average volume of 886,277. 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 50 day simple moving average of $538.70 and a 200-day simple moving average of $526.62. The company has a market capitalization of $21.06 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.

SPDR S&P MidCap 400 ETF Trust Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, July 31st. Investors of record on Friday, June 21st will be issued a dividend of $1.9974 per share. 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.