Allworth Financial LP Purchases 1,257 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Allworth Financial LP lifted its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 12.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,314 shares of the exchange traded fund’s stock after buying an additional 1,257 shares during the period. Allworth Financial LP’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,743,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Activest Wealth Management increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 125.0% during the third quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 30 shares in the last quarter. Brown Lisle Cummings Inc. grew its stake in SPDR S&P MidCap 400 ETF Trust by 110.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 63 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 33 shares during the last quarter. CoreFirst Bank & Trust acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at about $40,000. Cloud Capital Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at about $41,000. Finally, ST Germain D J Co. Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter valued at about $42,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY opened at $601.47 on Friday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $662.65. The company has a market cap of $23.35 billion, a PE ratio of 18.98 and a beta of 1.06. The business has a 50-day simple moving average of $638.38 and a two-hundred day simple moving average of $613.46.

SPDR S&P MidCap 400 ETF Trust Cuts Dividend

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

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