McIlrath & Eck LLC Trims Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

McIlrath & Eck LLC lessened its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 788 shares of the exchange traded fund’s stock after selling 28 shares during the quarter. McIlrath & Eck LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $278,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MDY. Doyle Wealth Management purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $44,000. SRS Capital Advisors Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $50,000. YorkBridge Wealth Partners LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth approximately $62,000. Financial Advantage Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $70,000. Finally, Horan Capital Advisors LLC. bought a new stake in SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $75,000.

NYSEARCA:MDY traded up $1.05 during mid-day trading on Friday, reaching $364.22. The stock had a trading volume of 532,571 shares, compared to its average volume of 1,060,054. The firm has a 50 day moving average price of $352.89 and a two-hundred day moving average price of $350.08. SPDR S&P MidCap 400 ETF Trust has a one year low of $284.45 and a one year high of $366.34.

The company also recently announced a — dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 23rd were given a $1.3726 dividend. The ex-dividend date was Friday, September 20th. This represents a yield of 1.3%.

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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