Register Financial Advisors LLC Takes Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Register Financial Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 94 shares of the exchange traded fund’s stock, valued at approximately $52,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of MDY. FMR LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 4.2% during the third quarter. FMR LLC now owns 21,252 shares of the exchange traded fund’s stock valued at $9,705,000 after buying an additional 854 shares during the period. Trexquant Investment LP bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth approximately $2,643,000. Qube Research & Technologies Ltd bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth approximately $4,396,000. Alpine Global Management LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 246.3% in the third quarter. Alpine Global Management LLC now owns 3,345 shares of the exchange traded fund’s stock worth $1,527,000 after purchasing an additional 2,379 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth approximately $928,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.3 %

MDY stock opened at $534.94 on Friday. The company’s 50 day moving average is $538.47 and its 200 day moving average is $525.68. The stock has a market cap of $21.14 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $424.22 and a 1-year high of $558.34.

SPDR S&P MidCap 400 ETF Trust Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, July 31st. Investors of record on Friday, June 21st will be given a $1.9974 dividend. The ex-dividend date of this dividend is Friday, June 21st.

About SPDR S&P MidCap 400 ETF Trust

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.