Bedminster LLC Acquires Shares of 2,729 SPDR S&P MidCap 400 ETF Trust $MDY

Bedminster LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 2,729 shares of the exchange traded fund’s stock, valued at approximately $1,647,000. SPDR S&P MidCap 400 ETF Trust comprises approximately 1.5% of Bedminster LLC’s holdings, making the stock its 13th biggest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Lewis Asset Management LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 0.5% in the 4th quarter. Lewis Asset Management LLC now owns 3,681 shares of the exchange traded fund’s stock valued at $2,220,000 after acquiring an additional 18 shares in the last quarter. PFG Investments LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 2.5% in the 4th quarter. PFG Investments LLC now owns 741 shares of the exchange traded fund’s stock valued at $447,000 after acquiring an additional 18 shares in the last quarter. TD Waterhouse Canada Inc. increased its position in SPDR S&P MidCap 400 ETF Trust by 0.4% in the 4th quarter. TD Waterhouse Canada Inc. now owns 4,965 shares of the exchange traded fund’s stock valued at $2,995,000 after acquiring an additional 18 shares in the last quarter. Larson Financial Group LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 2.8% in the 3rd quarter. Larson Financial Group LLC now owns 657 shares of the exchange traded fund’s stock valued at $392,000 after acquiring an additional 18 shares in the last quarter. Finally, Assetmark Inc. increased its position in SPDR S&P MidCap 400 ETF Trust by 10.0% in the 3rd quarter. Assetmark Inc. now owns 209 shares of the exchange traded fund’s stock valued at $125,000 after acquiring an additional 19 shares in the last quarter.

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

MDY opened at $670.19 on Friday. The stock has a market capitalization of $26.33 billion, a PE ratio of 18.98 and a beta of 1.02. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $537.75 and a 1-year high of $685.50. The firm has a 50-day moving average price of $640.68 and a two-hundred day moving average price of $626.88.

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.