Simmons Bank decreased its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 3.7% during the third quarter, according to its most recent filing with the SEC. The firm owned 24,666 shares of the exchange traded fund’s stock after selling 940 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises about 1.0% of Simmons Bank’s holdings, making the stock its 21st largest holding. Simmons Bank’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $14,701,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in MDY. Moore Capital Management LP raised its holdings in SPDR S&P MidCap 400 ETF Trust by 73.2% in the second quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after purchasing an additional 267,800 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 6.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 613,019 shares of the exchange traded fund’s stock valued at $347,263,000 after buying an additional 36,384 shares in the last quarter. Tableaux LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth about $317,795,000. Bank of Montreal Can grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.4% in the 2nd quarter. Bank of Montreal Can now owns 500,851 shares of the exchange traded fund’s stock worth $283,722,000 after buying an additional 1,910 shares during the period. Finally, Corient Private Wealth LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 98.3% in the 2nd quarter. Corient Private Wealth LLC now owns 484,834 shares of the exchange traded fund’s stock worth $274,651,000 after acquiring an additional 240,356 shares in the last quarter.
SPDR S&P MidCap 400 ETF Trust Price Performance
NYSEARCA:MDY opened at $632.69 on Tuesday. The firm has a market capitalization of $24.67 billion, a P/E ratio of 18.98 and a beta of 1.06. SPDR S&P MidCap 400 ETF Trust has a one year low of $458.82 and a one year high of $648.79. The company’s 50-day simple moving average is $619.01 and its 200 day simple moving average is $600.31.
SPDR S&P MidCap 400 ETF Trust 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.
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