Arvest Investments Inc. Acquires 133 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Arvest Investments Inc. grew its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.8% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,847 shares of the exchange traded fund’s stock after buying an additional 133 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for about 1.5% of Arvest Investments Inc.’s portfolio, making the stock its 16th largest position. Arvest Investments Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $10,167,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of MDY. Ridgewood Investments LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at approximately $25,000. Addison Advisors LLC purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the second quarter worth about $27,000. DiNuzzo Private Wealth Inc. purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter worth approximately $28,000. Chris Bulman Inc acquired a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $38,000.

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

Shares of NYSEARCA MDY traded up $2.91 during mid-day trading on Friday, hitting $602.32. 733,590 shares of the company were exchanged, compared to its average volume of 831,650. The stock has a 50 day simple moving average of $567.54 and a 200-day simple moving average of $551.77. The firm has a market cap 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 1-year low of $439.81 and a 1-year 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.