Simmons Bank Trims Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Simmons Bank lowered its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,458 shares of the exchange traded fund’s stock after selling 313 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises about 1.2% of Simmons Bank’s portfolio, making the stock its 17th biggest holding. Simmons Bank owned about 0.07% of SPDR S&P MidCap 400 ETF Trust worth $16,209,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. West Financial Advisors LLC acquired a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth approximately $28,000. New Wave Wealth Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at approximately $32,000. Brooklyn Investment Group acquired a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $36,000. Peterson Financial Group Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth $68,000. Finally, Rothschild Investment LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 20.0% in the fourth quarter. Rothschild Investment LLC now owns 120 shares of the exchange traded fund’s stock valued at $69,000 after buying an additional 20 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Trading Down 0.0 %

MDY stock opened at $565.55 on Wednesday. The business’s fifty day moving average price is $580.95 and its 200 day moving average price is $577.78. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $511.97 and a 12-month high of $624.13. The company has a market capitalization of $23.82 billion, a PE ratio of 19.87 and a beta of 1.13.

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.