Steele Capital Management Inc. Buys 26 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Steele Capital Management Inc. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,904 shares of the exchange traded fund’s stock after buying an additional 26 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up about 1.1% of Steele Capital Management Inc.’s investment portfolio, making the stock its 21st largest holding. Steele Capital Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $20,013,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MDY. International Assets Investment Management LLC increased its position 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 valued at $764,039,000 after buying an additional 1,502,655 shares in the last quarter. Pathstone Holdings LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $485,301,000. Scarborough Advisors LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 2,656.0% during the 4th quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock valued at $154,137,000 after purchasing an additional 292,768 shares during the last quarter. Global Assets Advisory LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the 1st quarter valued at $122,938,000. Finally, Employees Retirement System of Texas boosted its stake 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 valued at $49,545,000 after purchasing an additional 64,000 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 1.0 %

MDY traded down $5.43 during trading on Monday, hitting $529.65. 1,543,328 shares of the company’s stock traded hands, compared to its average volume of 888,522. The company’s 50 day simple moving average is $538.47 and its two-hundred day simple moving average is $526.19. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $424.22 and a 12-month high of $558.34. The stock has a market capitalization of $20.93 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.

SPDR S&P MidCap 400 ETF Trust Announces Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Friday, June 21st will be paid a dividend of $1.9974 per share. The ex-dividend date of this dividend is Friday, June 21st.

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.