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

Bessemer Group Inc. increased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 6.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,707 shares of the exchange traded fund’s stock after purchasing an additional 2,475 shares during the period. Bessemer Group Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $24,859,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bailard Inc. grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 5.5% in the second quarter. Bailard Inc. now owns 6,731 shares of the exchange traded fund’s stock worth $3,813,000 after acquiring an additional 350 shares during the period. First Horizon Corp purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter valued at approximately $6,724,000. 1ST Source Bank lifted its position in SPDR S&P MidCap 400 ETF Trust by 0.3% during the second quarter. 1ST Source Bank now owns 36,139 shares of the exchange traded fund’s stock valued at $20,472,000 after purchasing an additional 119 shares during the period. HB Wealth Management LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 32.7% during the third quarter. HB Wealth Management LLC now owns 5,135 shares of the exchange traded fund’s stock valued at $3,061,000 after purchasing an additional 1,266 shares during the period. Finally, J.Safra Asset Management Corp purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the third quarter worth approximately $550,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 3.2%

Shares of MDY opened at $655.32 on Friday. The firm has a fifty day simple moving average of $622.07 and a two-hundred day simple moving average of $601.74. The firm has a market cap of $25.44 billion, a PE ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $458.82 and a 1-year high of $656.03.

SPDR S&P MidCap 400 ETF Trust Company 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.