IFC Holdings Incorporated FL cut its stake in shares of SPDR S&P MidCap 400 ETF (NYSE:MDY) by 9.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,482 shares of the exchange traded fund’s stock after selling 5,569 shares during the period. SPDR S&P MidCap 400 ETF makes up approximately 1.2% of IFC Holdings Incorporated FL’s portfolio, making the stock its 18th largest position. IFC Holdings Incorporated FL’s holdings in SPDR S&P MidCap 400 ETF were worth $16,053,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDY. Osborne Partners Capital Management LLC increased its position in SPDR S&P MidCap 400 ETF by 82.2% in the second quarter. Osborne Partners Capital Management LLC now owns 1,416 shares of the exchange traded fund’s stock valued at $450,000 after buying an additional 639 shares in the last quarter. Cue Financial Group Inc. increased its position in SPDR S&P MidCap 400 ETF by 3.5% in the second quarter. Cue Financial Group Inc. now owns 4,464 shares of the exchange traded fund’s stock valued at $1,418,000 after buying an additional 150 shares in the last quarter. MCF Advisors LLC increased its position in SPDR S&P MidCap 400 ETF by 9.2% in the second quarter. MCF Advisors LLC now owns 85,887 shares of the exchange traded fund’s stock valued at $27,280,000 after buying an additional 7,228 shares in the last quarter. FineMark National Bank & Trust increased its position in SPDR S&P MidCap 400 ETF by 24.0% in the second quarter. FineMark National Bank & Trust now owns 133,215 shares of the exchange traded fund’s stock valued at $42,312,000 after buying an additional 25,770 shares in the last quarter. Finally, Bristlecone Advisors LLC increased its position in SPDR S&P MidCap 400 ETF by 4.9% in the second quarter. Bristlecone Advisors LLC now owns 8,954 shares of the exchange traded fund’s stock valued at $2,844,000 after buying an additional 415 shares in the last quarter.

SPDR S&P MidCap 400 ETF (NYSE:MDY) opened at 311.72 on Friday. SPDR S&P MidCap 400 ETF has a 1-year low of $268.25 and a 1-year high of $326.88. The stock has a 50 day moving average price of $319.39 and a 200 day moving average price of $314.82.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Tuesday, June 20th were given a $0.5241 dividend. The ex-dividend date was Friday, June 16th. This represents a $2.10 annualized dividend and a yield of 0.67%.

COPYRIGHT VIOLATION NOTICE: “IFC Holdings Incorporated FL Sells 5,569 Shares of SPDR S&P MidCap 400 ETF (MDY)” was originally reported by Watch List News and is the property of of Watch List News. If you are viewing this article on another publication, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The legal version of this article can be viewed at https://www.watchlistnews.com/ifc-holdings-incorporated-fl-sells-5569-shares-of-spdr-sp-midcap-400-etf-mdy/1478447.html.

About SPDR S&P MidCap 400 ETF

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.

Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF (NYSE:MDY).

Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF (NYSE:MDY)

Receive News & Ratings for SPDR S&P MidCap 400 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF and related companies with Analyst Ratings Network's FREE daily email newsletter.