Arvest Trust Co. N A lowered its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY – Free Report) by 5.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 244,564 shares of the exchange traded fund’s stock after selling 12,875 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises 7.8% of Arvest Trust Co. N A’s portfolio, making the stock its largest holding. Arvest Trust Co. N A owned 0.62% of SPDR S&P MidCap 400 ETF Trust worth $130,861,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in MDY. Greystone Financial Group LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at $273,000. Wells Fargo & Company MN grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,476,549 shares of the exchange traded fund’s stock valued at $749,171,000 after purchasing an additional 22,417 shares during the last quarter. Legacy Advisors LLC increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.1% during the 4th quarter. Legacy Advisors LLC now owns 17,447 shares of the exchange traded fund’s stock worth $8,852,000 after purchasing an additional 517 shares in the last quarter. Dorsey & Whitney Trust CO LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 96.9% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 4,398 shares of the exchange traded fund’s stock valued at $2,231,000 after buying an additional 2,164 shares in the last quarter. Finally, Pathstone Holdings LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust during the 4th quarter valued at $485,301,000.
SPDR S&P MidCap 400 ETF Trust Stock Up 0.7 %
NYSEARCA MDY opened at $559.24 on Tuesday. The stock has a market cap of $22.10 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $424.22 and a fifty-two week high of $574.11. The business has a fifty day moving average of $549.98 and a 200-day moving average of $542.40.
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.
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