Commerce Bank Lowers Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Commerce Bank cut its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.5% during the first quarter, HoldingsChannel.com reports. The fund owned 26,733 shares of the exchange traded fund’s stock after selling 408 shares during the quarter. Commerce Bank’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $14,874,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of MDY. Osborne Partners Capital Management LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% during the fourth quarter. Osborne Partners Capital Management LLC now owns 2,292 shares of the exchange traded fund’s stock worth $1,163,000 after purchasing an additional 20 shares during the period. CX Institutional lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.8% during the fourth 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 during the period. Warner Financial Inc. lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1.0% during the fourth quarter. Warner Financial Inc. now owns 2,182 shares of the exchange traded fund’s stock worth $1,107,000 after purchasing an additional 21 shares during the period. Lowe Wealth Advisors LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 0.6% during the fourth quarter. Lowe Wealth Advisors LLC now owns 3,832 shares of the exchange traded fund’s stock worth $1,944,000 after purchasing an additional 23 shares during the period. Finally, Heartwood Wealth Advisors LLC lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.6% during the fourth quarter. Heartwood Wealth Advisors LLC now owns 661 shares of the exchange traded fund’s stock worth $335,000 after purchasing an additional 29 shares during the period.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.8 %

Shares of NYSEARCA MDY traded up $4.38 during mid-day trading on Wednesday, hitting $531.91. 325,700 shares of the company were exchanged, compared to its average volume of 879,237. The stock has a 50 day simple moving average of $538.85 and a 200-day simple moving average of $527.48. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $424.22 and a 1-year high of $558.34. The firm has a market cap of $21.02 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09.

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.