SPDR S&P MidCap 400 ETF Trust (MDY) Shares Sold by Paragon Capital Management LLC

Paragon Capital Management LLC decreased its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 17.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 902 shares of the exchange traded fund’s stock after selling 187 shares during the quarter. Paragon Capital Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $312,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. WP Advisors LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $199,000. Retirement Systems of Alabama boosted its position in SPDR S&P MidCap 400 ETF Trust by 0.8% during the first quarter. Retirement Systems of Alabama now owns 52,786 shares of the exchange traded fund’s stock worth $18,232,000 after acquiring an additional 437 shares during the last quarter. CAPROCK Group Inc. boosted its position in SPDR S&P MidCap 400 ETF Trust by 52.9% during the first quarter. CAPROCK Group Inc. now owns 1,407 shares of the exchange traded fund’s stock worth $488,000 after acquiring an additional 487 shares during the last quarter. Howard Capital Management Inc. boosted its position in SPDR S&P MidCap 400 ETF Trust by 44.6% during the first quarter. Howard Capital Management Inc. now owns 48,517 shares of the exchange traded fund’s stock worth $17,215,000 after acquiring an additional 14,973 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV acquired a new position in SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $823,000.

MDY traded down $0.51 on Monday, reaching $357.44. 565,804 shares of the company’s stock were exchanged, compared to its average volume of 1,133,804. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $284.45 and a twelve month high of $374.10.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, March 18th will be given a dividend of $0.8844 per share. The ex-dividend date of this dividend is Friday, March 15th. This represents a $3.54 dividend on an annualized basis and a yield of 0.99%.

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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.

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

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