Pasadena Private Wealth LLC Sells 1,013 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Pasadena Private Wealth LLC trimmed its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 45.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,237 shares of the exchange traded fund’s stock after selling 1,013 shares during the quarter. Pasadena Private Wealth LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $701,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Barnes Dennig Private Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $27,000. Aviso Financial Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $27,000. Marshall Investment Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $33,000. RMG Wealth Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at about $45,000. Finally, Smallwood Wealth Investment Management LLC bought a new position in SPDR S&P MidCap 400 ETF Trust in the 1st quarter valued at about $48,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.5%

MDY stock opened at $602.47 on Monday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $458.82 and a 12 month high of $624.13. The firm has a market cap of $23.64 billion, a P/E ratio of 18.98 and a beta of 1.12. The company’s 50-day moving average price is $595.28 and its two-hundred day moving average price is $568.59.

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.