Concourse Financial Group Securities Inc. Decreases Stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Concourse Financial Group Securities Inc. reduced its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 4.3% during the first quarter, Holdings Channel.com reports. The firm owned 8,273 shares of the company’s stock after selling 371 shares during the period. Concourse Financial Group Securities Inc.’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $722,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Anchor Investment Management LLC purchased a new position in SPDR S&P 400 Mid CapGrowth ETF in the 4th quarter worth approximately $32,000. Gradient Investments LLC increased its stake in SPDR S&P 400 Mid CapGrowth ETF by 314.0% in the 4th quarter. Gradient Investments LLC now owns 472 shares of the company’s stock worth $36,000 after purchasing an additional 358 shares during the period. Fifth Third Bancorp purchased a new position in SPDR S&P 400 Mid CapGrowth ETF in the 4th quarter worth approximately $38,000. Assetmark Inc. grew its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 4,592.6% in the 4th quarter. Assetmark Inc. now owns 1,267 shares of the company’s stock worth $96,000 after buying an additional 1,240 shares during the last quarter. Finally, Private Trust Co. NA grew its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 32.7% in the 4th quarter. Private Trust Co. NA now owns 1,782 shares of the company’s stock worth $135,000 after buying an additional 439 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Trading Down 0.8 %

Shares of MDYG stock traded down $0.66 during trading hours on Friday, reaching $83.26. The company’s stock had a trading volume of 90,125 shares, compared to its average volume of 282,317. The stock has a market capitalization of $2.95 billion, a P/E ratio of 18.50 and a beta of 1.09. SPDR S&P 400 Mid CapGrowth ETF has a one year low of $64.67 and a one year high of $87.69. The firm’s fifty day simple moving average is $84.63 and its 200 day simple moving average is $81.76.

SPDR S&P 400 Mid CapGrowth ETF Profile

SPDR S&P 400 Mid Cap Growth ETF, before expenses, seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Growth Index. The S&P MidCap 400 Growth Index measures the performance of the mid-capitalization growth sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics based on: sales growth; earnings change to price, and momentum.