Kowal Investment Group LLC Has $23.69 Million Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Kowal Investment Group LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.3% in the first quarter, HoldingsChannel.com reports. The fund owned 42,568 shares of the exchange traded fund’s stock after buying an additional 124 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises approximately 5.1% of Kowal Investment Group LLC’s portfolio, making the stock its 5th biggest holding. Kowal Investment Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $23,685,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. West Branch Capital LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth approximately $25,000. Hazlett Burt & Watson Inc. lifted its stake in SPDR S&P MidCap 400 ETF Trust by 111.1% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 30 shares during the last quarter. Toth Financial Advisory Corp lifted its stake in SPDR S&P MidCap 400 ETF Trust by 68.2% in the 1st quarter. Toth Financial Advisory Corp now owns 74 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 30 shares during the last quarter. Bruce G. Allen Investments LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at approximately $44,000. Finally, Anchor Investment Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at approximately $51,000.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.8 %

NYSEARCA:MDY traded down $4.41 on Monday, hitting $530.67. The company had a trading volume of 980,171 shares, compared to its average volume of 884,001. The stock has a market capitalization of $20.97 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. The firm 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 52 week low of $424.22 and a 52 week high of $558.34.

SPDR S&P MidCap 400 ETF Trust Dividend Announcement

The business also recently disclosed 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.

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.