Paulson Wealth Management Inc. Increases Stake in SPDR S&P MidCap 400 ETF Trust $MDY

Paulson Wealth Management Inc. increased its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 7.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,421 shares of the exchange traded fund’s stock after buying an additional 786 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for 1.6% of Paulson Wealth Management Inc.’s holdings, making the stock its 12th biggest position. Paulson Wealth Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $6,890,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in MDY. Northwestern Mutual Wealth Management Co. increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 28.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 788,274 shares of the exchange traded fund’s stock worth $469,835,000 after purchasing an additional 175,255 shares in the last quarter. Moore Capital Management LP raised its stake 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 valued at $358,993,000 after purchasing an additional 267,800 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 0.6% in the 3rd quarter. Raymond James Financial Inc. now owns 529,533 shares of the exchange traded fund’s stock valued at $315,618,000 after purchasing an additional 2,995 shares in the last quarter. Bank of Montreal Can boosted its stake in SPDR S&P MidCap 400 ETF Trust by 0.4% during the 3rd quarter. Bank of Montreal Can now owns 502,730 shares of the exchange traded fund’s stock worth $299,642,000 after purchasing an additional 1,879 shares during the last quarter. Finally, Corient Private Wealth LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 98.3% in the second quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock valued at $274,651,000 after buying an additional 240,356 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Up 0.4%

Shares of NYSEARCA MDY opened at $670.19 on Friday. The stock has a market cap of $26.33 billion, a PE ratio of 18.98 and a beta of 1.02. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $537.75 and a 12-month high of $685.50. The company has a 50-day moving average of $640.68 and a 200 day moving average of $626.88.

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.