PFG Advisors decreased its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 12.2% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 3,839 shares of the exchange traded fund’s stock after selling 534 shares during the period. PFG Advisors’ holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,309,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Weaver Consulting Group bought a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at $27,000. Belvedere Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at $40,000. Doyle Wealth Management bought a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at $44,000. SRS Capital Advisors Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at $50,000. Finally, YorkBridge Wealth Partners LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at $62,000.

NYSEARCA:MDY traded up $3.48 during trading hours on Tuesday, hitting $351.05. 118,028 shares of the company’s stock traded hands, compared to its average volume of 1,079,151. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $284.45 and a 52 week high of $362.89. The business’s fifty day simple moving average is $348.21 and its two-hundred day simple moving average is $349.48.

The firm also recently disclosed a — dividend, which will be paid on Thursday, October 31st. Investors of record on Monday, September 23rd will be paid a dividend of $1.3726 per share. This represents a yield of 1.3%. The ex-dividend date of this dividend is 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.

Read More: What is the Rule of 72?

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 Trust (NYSEARCA:MDY).

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

Receive News & Ratings for SPDR S&P MidCap 400 ETF Trust 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 Trust and related companies with MarketBeat.com's FREE daily email newsletter.