Bessemer Group Inc. Reduces Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Bessemer Group Inc. cut its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 21.9% during the first quarter, Holdings Channel.com reports. The firm owned 40,326 shares of the exchange traded fund’s stock after selling 11,302 shares during the quarter. Bessemer Group Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $21,513,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Wells Fargo & Company MN increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 5.0% during the 4th quarter. Wells Fargo & Company MN now owns 1,370,369 shares of the exchange traded fund’s stock worth $780,535,000 after buying an additional 65,493 shares during the last quarter. GAMMA Investing LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 527,197.9% in the first quarter. GAMMA Investing LLC now owns 1,228,604 shares of the exchange traded fund’s stock worth $655,436,000 after acquiring an additional 1,228,371 shares during the period. Proficio Capital Partners LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 8,245.4% in 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 period. Raymond James Financial Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $328,419,000. Finally, Moore Capital Management LP acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $300,169,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 1.4%

NYSEARCA:MDY opened at $565.24 on Friday. The company has a market capitalization of $22.69 billion, a P/E ratio of 18.14 and a beta of 1.12. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $458.82 and a 52 week high of $624.13. The stock’s fifty day moving average is $544.35 and its two-hundred day moving average is $554.63.

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.