Paller Financial Services Inc Has $4.19 Million Stock Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Paller Financial Services Inc decreased its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 31.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,952 shares of the exchange traded fund’s stock after selling 2,719 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises approximately 3.1% of Paller Financial Services Inc’s holdings, making the stock its 11th largest position. Paller Financial Services Inc’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,186,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Moore Capital Management LP increased its position in SPDR S&P MidCap 400 ETF Trust by 73.2% in the 2nd quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after buying an additional 267,800 shares during the period. Corient Private Wealth LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 98.3% during the second quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock worth $274,651,000 after buying an additional 240,356 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 28.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 788,274 shares of the exchange traded fund’s stock valued at $469,835,000 after acquiring an additional 175,255 shares during the period. Align Financial LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $86,620,000. Finally, HRT Financial LP boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 131.9% in the fourth quarter. HRT Financial LP now owns 250,582 shares of the exchange traded fund’s stock valued at $151,171,000 after acquiring an additional 142,512 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.6%

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $701.98 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $567.90 and a 1 year high of $710.42. The company’s fifty day simple moving average is $689.47 and its 200-day simple moving average is $660.59. The company has a market cap of $27.02 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01.

SPDR S&P MidCap 400 ETF Trust 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.