Arvest Investments Inc. Sells 1,592 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Arvest Investments Inc. lessened its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 8.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,255 shares of the exchange traded fund’s stock after selling 1,592 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up 1.5% of Arvest Investments Inc.’s holdings, making the stock its 16th largest holding. Arvest Investments Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $9,259,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. J.Safra Asset Management Corp purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $26,000. West Financial Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $28,000. New Wave Wealth Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $32,000. Brooklyn Investment Group purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $36,000. Finally, Synergy Investment Management LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth $44,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 1.2 %

Shares of MDY stock opened at $545.97 on Thursday. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $511.97 and a twelve month high of $624.13. The stock has a market capitalization of $22.60 billion, a price-to-earnings ratio of 18.55 and a beta of 1.14. The stock has a fifty day simple moving average of $572.16 and a two-hundred day simple moving average of $576.57.

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.