SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Stock Position Lifted by Arvest Investments Inc.

Arvest Investments Inc. grew its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,847 shares of the exchange traded fund’s stock after purchasing an additional 133 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises about 1.5% of Arvest Investments Inc.’s holdings, making the stock its 16th biggest holding. Arvest Investments Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $10,167,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Ridgewood Investments LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth about $25,000. Addison Advisors LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth approximately $27,000. DiNuzzo Private Wealth Inc. bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter worth approximately $28,000. Chris Bulman Inc bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth approximately $38,000.

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

MDY traded up $2.91 during trading on Friday, hitting $602.32. The company’s stock had a trading volume of 733,590 shares, compared to its average volume of 831,650. The firm’s 50 day moving average price is $567.54 and its two-hundred day moving average price is $551.77. The stock has a market capitalization of $23.80 billion, a price-to-earnings ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $439.81 and a 12 month high of $603.45.

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.