Simmons Bank Reduces Stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. West Branch Capital LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $25,000. Hazlett Burt & Watson Inc. raised its stake in SPDR S&P MidCap 400 ETF Trust by 111.1% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 57 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 30 shares in the last quarter. Authentikos Wealth Advisory LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth $32,000. Bruce G. Allen Investments LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $44,000. Finally, Anchor Investment Management LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth about $51,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.5 %

Shares of NYSEARCA:MDY traded down $2.78 during trading on Wednesday, hitting $541.90. The stock had a trading volume of 448,953 shares, compared to its average volume of 936,370. The stock has a 50-day simple moving average of $536.68 and a two-hundred day simple moving average of $504.07. 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 12-month low of $424.22 and a 12-month high of $558.34.

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.