SPDR S&P 400 Mid Cap Growth ETF $MDYG Position Cut by Western Wealth Management LLC

Western Wealth Management LLC decreased its position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 38.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,130 shares of the company’s stock after selling 6,201 shares during the quarter. Western Wealth Management LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $972,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. FAS Wealth Partners Inc. lifted its position in SPDR S&P 400 Mid Cap Growth ETF by 2.1% in the 1st quarter. FAS Wealth Partners Inc. now owns 507,678 shares of the company’s stock valued at $48,717,000 after purchasing an additional 10,447 shares during the last quarter. Glenmede Trust Co. NA grew its position in SPDR S&P 400 Mid Cap Growth ETF by 54.7% in the 1st quarter. Glenmede Trust Co. NA now owns 2,899 shares of the company’s stock worth $278,000 after purchasing an additional 1,025 shares during the last quarter. Royal Bank of Canada increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 100.6% in the first quarter. Royal Bank of Canada now owns 141,086 shares of the company’s stock valued at $13,539,000 after purchasing an additional 70,755 shares during the period. Gibbs Wealth Management increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 160.3% in the first quarter. Gibbs Wealth Management now owns 7,527 shares of the company’s stock valued at $722,000 after purchasing an additional 4,635 shares during the period. Finally, Cetera Investment Advisers increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 24.5% in the first quarter. Cetera Investment Advisers now owns 141,139 shares of the company’s stock valued at $13,544,000 after purchasing an additional 27,760 shares during the period.

SPDR S&P 400 Mid Cap Growth ETF Trading Up 0.3%

MDYG opened at $113.15 on Friday. The business’s 50 day moving average is $109.22 and its 200-day moving average is $104.14. The stock has a market cap of $2.98 billion, a PE ratio of 22.35 and a beta of 1.05. SPDR S&P 400 Mid Cap Growth ETF has a twelve month low of $87.09 and a twelve month high of $113.41.

SPDR S&P 400 Mid Cap Growth 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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations between $850 million and $3.8 billion.