Whitnell & Co. Reduces Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Whitnell & Co. lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,944 shares of the exchange traded fund’s stock after selling 173 shares during the quarter. Whitnell & Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,505,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Doyle Wealth Management acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at about $44,000. SRS Capital Advisors Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at approximately $50,000. YorkBridge Wealth Partners LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at approximately $62,000. Financial Advantage Inc. bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at approximately $70,000. Finally, Horan Capital Advisors LLC. bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at approximately $75,000.

NYSEARCA:MDY traded up $1.05 during mid-day trading on Friday, hitting $364.22. 532,571 shares of the company’s stock traded hands, compared to its average volume of 1,060,054. The firm has a 50 day moving average of $352.89 and a two-hundred day moving average of $350.08. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $284.45 and a 12 month high of $366.34.

The firm also recently announced a — dividend, which was paid on Thursday, October 31st. Investors of record on Monday, September 23rd were paid a dividend of $1.3726 per share. The ex-dividend date was Friday, September 20th. This represents a yield of 1.3%.

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.

Recommended Story: What is an Initial Public Offering (IPO)?

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.