Bessemer Group Inc. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 55.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,628 shares of the exchange traded fund’s stock after purchasing an additional 18,381 shares during the quarter. Bessemer Group Inc. owned about 0.13% of SPDR S&P MidCap 400 ETF Trust worth $29,405,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at about $328,419,000. Proficio Capital Partners LLC increased its stake in SPDR S&P MidCap 400 ETF Trust by 8,245.4% during the fourth quarter. Proficio Capital Partners LLC now owns 580,841 shares of the exchange traded fund’s stock worth $330,835,000 after acquiring an additional 573,881 shares during the last quarter. Strategic Financial Concepts LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 89,108.5% during the fourth quarter. Strategic Financial Concepts LLC now owns 377,352 shares of the exchange traded fund’s stock valued at $214,932,000 after purchasing an additional 376,929 shares during the period. SG Americas Securities LLC lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1,411.1% in the 4th quarter. SG Americas Securities LLC now owns 265,731 shares of the exchange traded fund’s stock valued at $151,355,000 after purchasing an additional 248,146 shares during the last quarter. Finally, Arvest Bank Trust Division purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $137,029,000.
SPDR S&P MidCap 400 ETF Trust Stock Performance
NYSEARCA MDY opened at $512.02 on Thursday. The company has a market cap of $21.00 billion, a P/E ratio of 18.90 and a beta of 1.14. The business’s 50 day moving average price is $549.16 and its 200-day moving average price is $572.46. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $458.82 and a fifty-two week high of $624.13.
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.
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