Paradigm Strategies in Wealth Management LLC Has $1.66 Million Stock Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Paradigm Strategies in Wealth Management LLC cut its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.9% during the second quarter, Holdings Channel reports. The firm owned 2,929 shares of the exchange traded fund’s stock after selling 57 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up approximately 1.1% of Paradigm Strategies in Wealth Management LLC’s portfolio, making the stock its 17th largest holding. Paradigm Strategies in Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,659,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. NorthRock Partners LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 2.6% during the first quarter. NorthRock Partners LLC now owns 3,602 shares of the exchange traded fund’s stock worth $1,922,000 after purchasing an additional 91 shares during the period. North Star Asset Management Inc. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 8.1% during the first quarter. North Star Asset Management Inc. now owns 757 shares of the exchange traded fund’s stock worth $404,000 after purchasing an additional 57 shares during the period. Pasadena Private Wealth LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth $1,200,000. Geneos Wealth Management Inc. raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 1,275.0% during the first quarter. Geneos Wealth Management Inc. now owns 4,180 shares of the exchange traded fund’s stock worth $2,230,000 after purchasing an additional 3,876 shares during the period. Finally, Modera Wealth Management LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 18.4% during the first quarter. Modera Wealth Management LLC now owns 9,561 shares of the exchange traded fund’s stock valued at $5,100,000 after buying an additional 1,485 shares during the period.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.9%

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $599.47 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $458.82 and a 1 year high of $624.13. The company has a market cap of $23.52 billion, a P/E ratio of 18.98 and a beta of 1.06. The stock has a 50-day moving average price of $596.08 and a 200 day moving average price of $570.00.

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.