SPDR S&P MidCap 400 ETF (MDY) Stake Lowered by North Star Investment Management Corp.

North Star Investment Management Corp. lessened its stake in SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) by 21.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,036 shares of the exchange traded fund’s stock after selling 550 shares during the quarter. North Star Investment Management Corp.’s holdings in SPDR S&P MidCap 400 ETF were worth $703,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Truepoint Inc. lifted its holdings in SPDR S&P MidCap 400 ETF by 32,533.6% during the 3rd quarter. Truepoint Inc. now owns 1,139,565 shares of the exchange traded fund’s stock valued at $1,140,000 after purchasing an additional 1,136,073 shares during the last quarter. Captrust Financial Advisors lifted its holdings in SPDR S&P MidCap 400 ETF by 106.1% during the 3rd quarter. Captrust Financial Advisors now owns 219,166 shares of the exchange traded fund’s stock valued at $71,520,000 after purchasing an additional 112,817 shares during the last quarter. Welch & Forbes LLC lifted its holdings in SPDR S&P MidCap 400 ETF by 75.5% during the 3rd quarter. Welch & Forbes LLC now owns 125,917 shares of the exchange traded fund’s stock valued at $41,090,000 after purchasing an additional 54,166 shares during the last quarter. Legacy Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF during the 3rd quarter valued at $16,571,000. Finally, D. Scott Neal Inc. lifted its holdings in SPDR S&P MidCap 400 ETF by 112.8% during the 3rd quarter. D. Scott Neal Inc. now owns 73,899 shares of the exchange traded fund’s stock valued at $24,116,000 after purchasing an additional 39,177 shares during the last quarter.

Shares of SPDR S&P MidCap 400 ETF (MDY) opened at $357.20 on Friday. SPDR S&P MidCap 400 ETF has a twelve month low of $301.67 and a twelve month high of $357.49.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Monday, December 18th will be issued a dividend of $1.2987 per share. This represents a $5.19 annualized dividend and a yield of 1.45%. The ex-dividend date is Friday, December 15th.

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SPDR S&P MidCap 400 ETF 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.

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

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