Traders purchased shares of SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) on weakness during trading hours on Thursday. $241.79 million flowed into the stock on the tick-up and $163.99 million flowed out of the stock on the tick-down, for a money net flow of $77.80 million into the stock. Of all companies tracked, SPDR S&P MidCap 400 ETF had the 22nd highest net in-flow for the day. SPDR S&P MidCap 400 ETF traded down ($11.12) for the day and closed at $327.40

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Monday, December 18th were issued a dividend of $1.2987 per share. This represents a $5.19 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date was Friday, December 15th.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. North Star Asset Management Inc. boosted its holdings in SPDR S&P MidCap 400 ETF by 2.5% during the second quarter. North Star Asset Management Inc. now owns 1,243 shares of the exchange traded fund’s stock valued at $395,000 after purchasing an additional 30 shares in the last quarter. WFG Advisors LP boosted its holdings in SPDR S&P MidCap 400 ETF by 2.3% during the second quarter. WFG Advisors LP now owns 1,854 shares of the exchange traded fund’s stock valued at $589,000 after purchasing an additional 42 shares in the last quarter. CIBC World Markets Inc. boosted its holdings in shares of SPDR S&P MidCap 400 ETF by 6.0% in the 4th quarter. CIBC World Markets Inc. now owns 2,630 shares of the exchange traded fund’s stock worth $908,000 after acquiring an additional 150 shares in the last quarter. Concorde Asset Management LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF by 9.4% in the 3rd quarter. Concorde Asset Management LLC now owns 1,785 shares of the exchange traded fund’s stock worth $587,000 after acquiring an additional 154 shares in the last quarter. Finally, Whitnell & Co. boosted its holdings in shares of SPDR S&P MidCap 400 ETF by 1.6% in the 4th quarter. Whitnell & Co. now owns 10,275 shares of the exchange traded fund’s stock worth $3,549,000 after acquiring an additional 157 shares in the last quarter.

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About SPDR S&P MidCap 400 ETF

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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