Miracle Mile Advisors LLC Sells 4,715 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Miracle Mile Advisors LLC lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 12.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,999 shares of the exchange traded fund’s stock after selling 4,715 shares during the quarter. Miracle Mile Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $18,361,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. FMR LLC boosted its holdings in SPDR S&P MidCap 400 ETF Trust by 4.2% during the 3rd quarter. FMR LLC now owns 21,252 shares of the exchange traded fund’s stock valued at $9,705,000 after acquiring 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 purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth $4,396,000. Alpine Global Management LLC raised its holdings in SPDR S&P MidCap 400 ETF Trust by 246.3% during the 3rd quarter. Alpine Global Management LLC now owns 3,345 shares of the exchange traded fund’s stock valued at $1,527,000 after buying an additional 2,379 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at $928,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

SPDR S&P MidCap 400 ETF Trust stock traded down $5.43 during trading hours on Monday, reaching $529.65. The stock had a trading volume of 1,543,328 shares, compared to its average volume of 888,507. The company has a fifty day simple moving average of $538.47 and a 200-day simple moving average of $526.19. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $424.22 and a 52 week high of $558.34. The stock has a market cap of $20.93 billion, a PE ratio of 15.70 and a beta of 1.09.

SPDR S&P MidCap 400 ETF Trust Announces Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, July 31st. Investors of record on Friday, June 21st will be paid 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.