Bedminster LLC Invests $1.65 Million in SPDR S&P MidCap 400 ETF Trust $MDY

Bedminster LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,729 shares of the exchange traded fund’s stock, valued at approximately $1,647,000. SPDR S&P MidCap 400 ETF Trust accounts for about 1.5% of Bedminster LLC’s portfolio, making the stock its 13th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Atria Investments Inc increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 143.7% during the 3rd quarter. Atria Investments Inc now owns 6,064 shares of the exchange traded fund’s stock worth $3,614,000 after purchasing an additional 3,576 shares in the last quarter. NewEdge Wealth LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 190.8% during the 3rd quarter. NewEdge Wealth LLC now owns 2,012 shares of the exchange traded fund’s stock worth $1,190,000 after purchasing an additional 1,320 shares in the last quarter. Savvy Advisors Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $620,000. J.Safra Asset Management Corp acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth about $550,000. Finally, Daytona Street Capital LLC acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 4th quarter worth about $633,000.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.4%

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $670.19 on Friday. The stock has a market capitalization of $26.33 billion, a P/E ratio of 18.98 and a beta of 1.02. The company has a 50-day simple moving average of $640.68 and a 200 day simple moving average of $626.88. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $537.75 and a 12-month high of $685.50.

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.