Bessemer Group Inc. Raises Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Bessemer Group Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 114.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 89,237 shares of the exchange traded fund’s stock after acquiring an additional 47,530 shares during the period. Bessemer Group Inc. owned approximately 0.23% of SPDR S&P MidCap 400 ETF Trust worth $53,835,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. grew its position in SPDR S&P MidCap 400 ETF Trust by 28.6% in 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 acquiring an additional 175,255 shares during the period. Moore Capital Management LP grew its position in SPDR S&P MidCap 400 ETF Trust by 73.2% in the second quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after acquiring an additional 267,800 shares during the period. Raymond James Financial Inc. grew its position in SPDR S&P MidCap 400 ETF Trust by 0.6% in the third quarter. Raymond James Financial Inc. now owns 529,533 shares of the exchange traded fund’s stock worth $315,618,000 after acquiring an additional 2,995 shares during the period. Bank of Montreal Can grew its position in SPDR S&P MidCap 400 ETF Trust by 0.4% in the third quarter. Bank of Montreal Can now owns 502,730 shares of the exchange traded fund’s stock worth $299,642,000 after acquiring an additional 1,879 shares during the period. Finally, Corient Private Wealth LLC grew its position in 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 worth $274,651,000 after acquiring an additional 240,356 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $659.29 on Friday. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $537.75 and a fifty-two week high of $685.50. The stock has a 50 day moving average of $640.93 and a 200 day moving average of $627.11. The firm has a market capitalization of $25.90 billion, a price-to-earnings ratio of 18.98 and a beta of 1.02.

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.