SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) is Paladin Advisory Group LLC’s 10th Largest Position

Paladin Advisory Group LLC lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 6.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,314 shares of the exchange traded fund’s stock after selling 445 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises about 2.6% of Paladin Advisory Group LLC’s portfolio, making the stock its 10th largest position. Paladin Advisory Group LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,204,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. West Branch Capital LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $25,000. Hazlett Burt & Watson Inc. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 111.1% during the fourth 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 period. SRS Capital Advisors Inc. grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 242.1% in the second quarter. SRS Capital Advisors Inc. now owns 65 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 46 shares during the last quarter. Authentikos Wealth Advisory LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter worth about $32,000. Finally, Newbridge Financial Services Group Inc. increased its stake in SPDR S&P MidCap 400 ETF Trust by 462.5% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 90 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 74 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

SPDR S&P MidCap 400 ETF Trust stock traded up $1.61 during trading hours on Friday, hitting $518.16. The company had a trading volume of 955,590 shares, compared to its average volume of 958,107. The firm has a market cap of $20.88 billion, a P/E ratio of 15.42 and a beta of 1.12. The company has a 50-day moving average price of $533.25 and a two-hundred day moving average price of $495.98. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $424.22 and a 1 year high of $558.34.

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.