Simmons Bank Has $13.25 Million Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Simmons Bank cut its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,121 shares of the exchange traded fund’s stock after selling 203 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up 1.1% of Simmons Bank’s holdings, making the stock its 18th biggest holding. Simmons Bank owned approximately 0.06% of SPDR S&P MidCap 400 ETF Trust worth $13,253,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in MDY. Osborne Partners Capital Management LLC increased its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% in the 4th quarter. Osborne Partners Capital Management LLC now owns 2,292 shares of the exchange traded fund’s stock worth $1,163,000 after buying an additional 20 shares during the last quarter. CX Institutional raised its holdings in SPDR S&P MidCap 400 ETF Trust by 0.8% in the 4th quarter. CX Institutional now owns 2,493 shares of the exchange traded fund’s stock worth $1,265,000 after purchasing an additional 21 shares in the last quarter. Warner Financial Inc. boosted its position in SPDR S&P MidCap 400 ETF Trust by 1.0% during the 4th quarter. Warner Financial Inc. now owns 2,182 shares of the exchange traded fund’s stock valued at $1,107,000 after acquiring an additional 21 shares in the last quarter. Orion Portfolio Solutions LLC grew its stake in SPDR S&P MidCap 400 ETF Trust by 2.3% in the third quarter. Orion Portfolio Solutions LLC now owns 1,037 shares of the exchange traded fund’s stock worth $474,000 after purchasing an additional 23 shares during the period. Finally, MGO One Seven LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.2% during the third quarter. MGO One Seven LLC now owns 1,930 shares of the exchange traded fund’s stock valued at $881,000 after purchasing an additional 23 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY traded down $2.78 during trading hours on Wednesday, hitting $541.90. The company had a trading volume of 448,953 shares, compared to its average volume of 936,370. The stock has a market capitalization of $22.05 billion, a price-to-earnings ratio of 15.15 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $424.22 and a 52-week high of $558.34. The firm has a fifty day moving average price of $536.68 and a 200-day moving average price of $504.07.

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.