Paller Financial Services Inc Purchases Shares of 9,183 SPDR S&P MidCap 400 ETF Trust $MDY

Paller Financial Services Inc purchased a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 9,183 shares of the exchange traded fund’s stock, valued at approximately $5,540,000. SPDR S&P MidCap 400 ETF Trust makes up approximately 4.4% of Paller Financial Services Inc’s investment portfolio, making the stock its 5th biggest holding.

A number of other institutional investors have also recently made changes to their positions in MDY. Activest Wealth Management increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 125.0% in the third quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 30 shares during the last quarter. Brown Lisle Cummings Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 110.0% in the third quarter. Brown Lisle Cummings Inc. now owns 63 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 33 shares in the last quarter. CoreFirst Bank & Trust bought a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $40,000. Cloud Capital Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust during the third quarter valued at approximately $41,000. Finally, ST Germain D J Co. Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at approximately $42,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA MDY opened at $616.76 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $662.65. The business has a 50 day simple moving average of $635.06 and a two-hundred day simple moving average of $614.31. The stock has a market capitalization of $23.94 billion, a PE ratio of 18.98 and a beta of 1.06.

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.