Financial Partners Group LLC Purchases 1,739 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Financial Partners Group LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 406.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,167 shares of the exchange traded fund’s stock after purchasing an additional 1,739 shares during the period. Financial Partners Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,206,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of MDY. International Assets Investment Management LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 47,016.7% in the fourth quarter. International Assets Investment Management LLC now owns 1,505,851 shares of the exchange traded fund’s stock valued at $764,039,000 after acquiring an additional 1,502,655 shares during the period. Pathstone Holdings LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $485,301,000. Scarborough Advisors LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 2,656.0% in the fourth quarter. Scarborough Advisors LLC now owns 303,791 shares of the exchange traded fund’s stock valued at $154,137,000 after acquiring an additional 292,768 shares during the period. Global Assets Advisory LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the first quarter valued at $122,938,000. Finally, Employees Retirement System of Texas grew its position in SPDR S&P MidCap 400 ETF Trust by 143.8% in the third quarter. Employees Retirement System of Texas now owns 108,500 shares of the exchange traded fund’s stock valued at $49,545,000 after acquiring an additional 64,000 shares during the period.

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

NYSEARCA:MDY traded up $1.51 during trading hours on Friday, reaching $535.08. The company had a trading volume of 901,193 shares, compared to its average volume of 883,160. The stock has a 50-day moving average of $538.47 and a two-hundred day moving average of $526.19. SPDR S&P MidCap 400 ETF Trust has a one year low of $424.22 and a one year high of $558.34. The firm has a market capitalization of $21.15 billion, a PE ratio of 15.70 and a beta of 1.09.

SPDR S&P MidCap 400 ETF Trust Dividend Announcement

The firm also recently announced a dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Friday, June 21st will be issued a dividend of $1.9974 per share. The ex-dividend date is Friday, June 21st.

SPDR S&P MidCap 400 ETF Trust Company 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.