MidFirst Bank Buys New Shares in SPDR S&P MidCap 400 ETF Trust $MDY

MidFirst Bank bought a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 2,522 shares of the exchange traded fund’s stock, valued at approximately $1,521,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MDY. Sound Income Strategies LLC raised its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 177.8% during the 4th quarter. Sound Income Strategies LLC now owns 50 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 32 shares in the last quarter. High Point Wealth Management LLC bought a new stake in SPDR S&P MidCap 400 ETF Trust in the fourth quarter worth $34,000. EFG International AG purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $40,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in SPDR S&P MidCap 400 ETF Trust by 255.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 71 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 51 shares during the period. Finally, Acumen Wealth Advisors LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth $48,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY opened at $691.00 on Friday. The company’s fifty day simple moving average is $671.01 and its 200-day simple moving average is $642.56. The company has a market cap of $27.15 billion, a P/E ratio of 18.98 and a beta of 1.01. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $547.05 and a twelve month high of $704.12.

About SPDR S&P MidCap 400 ETF Trust

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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.