Montag A & Associates Inc. lowered its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 134,977 shares of the exchange traded fund’s stock after selling 1,169 shares during the quarter. SPDR S&P MidCap 400 ETF Trust accounts for about 4.1% of Montag A & Associates Inc.’s investment portfolio, making the stock its 3rd largest holding. Montag A & Associates Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $47,575,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Doyle Wealth Management acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $44,000. SRS Capital Advisors Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $50,000. YorkBridge Wealth Partners LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $62,000. Financial Advantage Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $70,000. Finally, Horan Capital Advisors LLC. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at $75,000.

Shares of MDY stock traded up $1.05 during trading hours on Friday, reaching $364.22. The company’s stock had a trading volume of 738,700 shares, compared to its average volume of 1,060,054. The firm’s 50 day simple moving average is $352.76 and its 200-day simple moving average is $350.04. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $284.45 and a fifty-two week high of $366.34.

The firm also recently announced a — dividend, which was paid on Thursday, October 31st. Shareholders of record on Monday, September 23rd were issued a $1.3726 dividend. This represents a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, September 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.

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

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