This article first appeared on GuruFocus .
State Street SPDR S&P MidCap 400 ETF Trust ( MDY ) was a pure seller in its latest daily holdings update, with no buys and no positions increased. The fund recorded $116.4 million in gross ETF activity , all of it on the sell side, for a net outflow of $116.4 million against $25.58 billion in assets. Every one of its 400 positions was decreased, with no new positions opened and no holdings fully exited.
See which funds are buying and selling on GuruFocus ETF Trends , or find and compare funds with the ETF Screener .
What did MDY sell on Thursday?
Its largest sells by dollar value were OKTA ($1.2 million), FTI ($0.9 million) and ATI ($0.9 million).
| Stock |
Shares changed |
Value |
Position |
|---|---|---|---|
| Okta Inc. Class A ( OKTA ) |
-5,670 |
-$1.2M |
1.02% of fund |
| TechnipFMC plc ( FTI ) |
-13,391 |
-$0.9M |
0.78% of fund |
| ATI Inc ( ATI ) |
-4,648 |
-$0.9M |
0.76% of fund |
| nVent Electric plc ( NVT ) |
-5,523 |
-$0.8M |
0.69% of fund |
| United Therapeutics Corporation ( UTHR ) |
-1,463 |
-$0.8M |
0.68% of fund |
The largest sale was Okta Inc. Class A ( OKTA ), where the fund cut 5,670 shares for $1.2 million; the stock still accounts for 1.02% of assets. TechnipFMC plc ( FTI ) followed with 13,391 shares sold for $0.9 million, and ATI Inc ( ATI ) shed 4,648 shares for $0.9 million. nVent Electric plc ( NVT ) was trimmed by 5,523 shares for $0.8 million and United Therapeutics Corporation ( UTHR ) by 1,463 shares for $0.8 million. None of the five were new positions or full exits.
How does MDY invest?
State Street SPDR S&P MidCap 400 ETF Trust ( MDY ) is an equity fund in the Equity US Sm&Mid Cap category, holding 400 stocks with 7.1% of assets in its 10 largest holdings. Industrials make up 22.0% of the classified stocks, followed by Technology at 16.5% and Financial Services at 13.9%. By market cap, 55.7% is large-cap, 44.2% mid-cap and 0.1% small-cap. It charges an expense ratio of 0.23%. Its top holdings are Okta Inc. Class A at 1.02%, TechnipFMC plc at 0.78%, ATI Inc at 0.76%, nVent Electric plc at 0.69% and United Therapeutics Corporation at 0.68%. The fund has a GF Score of 80, a P/E of 20.4, a P/B of 2.52, a dividend yield of 1.05% and a year-to-date return of 10.19%.
State Street SPDR S&P MIDCAP 400 ETF Trust ( MDY ) at a glance
| Measure |
Value |
|---|---|
| Category |
Equity US Sm&Mid Cap |
| Asset class |
Equity |
| Holdings |
400 |
| Top 10 holdings |
7.1% of assets |
| Largest sectors |
Industrials 22.0%, Technology 16.5%, Financial Services 13.9% |
| Expense ratio |
0.23% |
| Market-cap mix |
Large 55.7%, mid 44.2%, small 0.1% |
| 80/100 |
|
| P/E |
20.40 |
| P/B |
2.52 |
| Dividend yield |
1.05% |
| Year-to-date return |
+10.19% |
| Top holdings |
OKTA (1.02%), FTI (0.78%), ATI (0.76%), NVT (0.69%), UTHR (0.68%) |
See the full State Street SPDR S&P MIDCAP 400 ETF Trust profile , or compare it with similar funds in the ETF Screener . For the stock behind its biggest sell, see OKTA's GF Value page and guru trades .
What should investors watch next for MDY?
With all 400 positions trimmed and no buys, watch whether the fund keeps shrinking holdings or reverses course in its next update. Also watch whether Okta's 1.02% weight holds as the largest position.
Based on holdings changes reported by State Street SPDR S&P MIDCAP 400 ETF Trust ( MDY ) for Oct. 15, 2026, US-listed stocks only.
What else did ETFs trade on Thursday?
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Sector Trends: Consumer Defensive Most Bought, Technology Least Bought on Oct. 15
-
State Street Fin Select Sector SPDR (XLF) Adds Berkshire and JPMorgan on Oct. 15
-
U.S. Small Cap Portfolio (DFAS) Buys $12.3 Million More Hecla Mining on Thursday
-
What State Street SPDR Dow Jones (DIA) Bought: Goldman Sachs Leads on Thursday
-
Invesco S&P 500 Equal Weight (RSP) Sells Moderna and PTC on Thursday
