Clear Trail Advisors LLC Makes New $575,000 Investment in SPDR S&P MidCap 400 ETF Trust $MDY

Clear Trail Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 953 shares of the exchange traded fund’s stock, valued at approximately $575,000.

A number of other large investors also recently made changes to their positions in MDY. Activest Wealth Management grew its holdings in SPDR S&P MidCap 400 ETF Trust by 125.0% in the 3rd quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 30 shares in the last quarter. Brown Lisle Cummings Inc. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 110.0% in the third quarter. Brown Lisle Cummings Inc. now owns 63 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 33 shares during the period. CoreFirst Bank & Trust acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at about $40,000. Cloud Capital Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter worth about $41,000. Finally, ST Germain D J Co. Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth about $42,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 1.9%

NYSEARCA MDY opened at $612.67 on Tuesday. The firm has a 50-day moving average price of $637.99 and a two-hundred day moving average price of $613.85. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $458.82 and a 12-month high of $662.65. The company has a market capitalization of $23.78 billion, a P/E ratio of 18.98 and a beta of 1.06.

SPDR S&P MidCap 400 ETF Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Friday, March 20th will be paid a dividend of $1.5163 per share. This represents a $6.07 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, March 20th.

SPDR S&P MidCap 400 ETF Trust 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.