Elevated Capital Advisors LLC Has $1.01 Million Position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Elevated Capital Advisors LLC boosted its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 51.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,635 shares of the company’s stock after purchasing an additional 3,940 shares during the quarter. Elevated Capital Advisors LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $1,011,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Legacy Investment Solutions LLC bought a new stake in SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter valued at about $25,000. Darwin Wealth Management LLC acquired a new stake in SPDR S&P 400 Mid CapGrowth ETF in the third quarter valued at approximately $27,000. Sound Income Strategies LLC bought a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the third quarter valued at approximately $28,000. Mattson Financial Services LLC acquired a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the second quarter worth approximately $30,000. Finally, RPg Family Wealth Advisory LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter worth $48,000.

SPDR S&P 400 Mid CapGrowth ETF Stock Up 0.5 %

MDYG stock traded up $0.40 during midday trading on Monday, reaching $87.03. 73,381 shares of the company’s stock traded hands, compared to its average volume of 119,615. The firm’s fifty day moving average price is $90.55 and its 200-day moving average price is $87.62. SPDR S&P 400 Mid CapGrowth ETF has a 52 week low of $73.49 and a 52 week high of $95.51. The company has a market cap of $3.09 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09.

SPDR S&P 400 Mid CapGrowth ETF Company 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.