SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) is Arvest Trust Co. N A’s Largest Position

Arvest Trust Co. N A cut its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 5.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 244,564 shares of the exchange traded fund’s stock after selling 12,875 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises approximately 7.8% of Arvest Trust Co. N A’s portfolio, making the stock its biggest holding. Arvest Trust Co. N A’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $130,861,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Citizens Financial Group Inc. RI raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 10.4% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 50,665 shares of the exchange traded fund’s stock worth $27,110,000 after buying an additional 4,781 shares during the period. One Capital Management LLC grew its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 79.0% during the 2nd quarter. One Capital Management LLC now owns 1,280 shares of the exchange traded fund’s stock worth $685,000 after purchasing an additional 565 shares during the period. Black Diamond Financial LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 649.9% during the 2nd quarter. Black Diamond Financial LLC now owns 5,264 shares of the exchange traded fund’s stock worth $2,817,000 after purchasing an additional 4,562 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in SPDR S&P MidCap 400 ETF Trust by 7.8% in the second quarter. Envestnet Asset Management Inc. now owns 70,453 shares of the exchange traded fund’s stock valued at $37,698,000 after buying an additional 5,105 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter worth $258,000.

SPDR S&P MidCap 400 ETF Trust Price Performance

NYSEARCA:MDY opened at $559.24 on Tuesday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $424.22 and a 12 month high of $574.11. The firm has a market capitalization of $22.10 billion, a PE ratio of 15.70 and a beta of 1.09. The business’s 50-day moving average is $549.98 and its two-hundred day moving average is $542.40.

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.