Kingsview Wealth Management LLC Trims Stock Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Kingsview Wealth Management LLC reduced its position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 0.4% in the 1st quarter, Holdings Channel.com reports. The fund owned 38,339 shares of the company’s stock after selling 137 shares during the quarter. Kingsview Wealth Management LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $3,347,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Anchor Investment Management LLC acquired a new stake in SPDR S&P 400 Mid CapGrowth ETF during the 4th quarter worth approximately $32,000. Gradient Investments LLC lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 314.0% during the fourth 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 valued at $38,000. Richardson Financial Services Inc. acquired a new position in SPDR S&P 400 Mid CapGrowth ETF in the 1st quarter valued at $42,000. Finally, Assetmark Inc. raised its position in SPDR S&P 400 Mid CapGrowth ETF by 4,592.6% during 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.

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

Shares of NYSEARCA:MDYG traded down $0.67 during midday trading on Friday, hitting $85.85. The stock had a trading volume of 30,925 shares, compared to its average volume of 279,467. SPDR S&P 400 Mid CapGrowth ETF has a 1 year low of $64.67 and a 1 year high of $89.30. The stock has a 50 day moving average price of $84.95 and a two-hundred day moving average price of $82.39. The company has a market capitalization of $3.04 billion, a PE ratio of 18.50 and a beta of 1.09.

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.