SPDR S&P 400 Mid Cap Growth ETF $MDYG Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC reduced its position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 31.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,394 shares of the company’s stock after selling 5,570 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $1,189,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDYG. UNIVEST FINANCIAL Corp grew its position in SPDR S&P 400 Mid Cap Growth ETF by 1,102.7% during the fourth quarter. UNIVEST FINANCIAL Corp now owns 320,940 shares of the company’s stock valued at $29,665,000 after acquiring an additional 294,255 shares during the period. WCG Wealth Advisors LLC lifted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 257.6% in the 4th quarter. WCG Wealth Advisors LLC now owns 276,185 shares of the company’s stock valued at $25,528,000 after purchasing an additional 198,955 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 104.5% during the 2nd quarter. Corient Private Wealth LLC now owns 296,652 shares of the company’s stock worth $25,771,000 after purchasing an additional 151,605 shares during the period. Private Advisor Group LLC grew its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 40.6% during the 1st quarter. Private Advisor Group LLC now owns 425,586 shares of the company’s stock worth $40,839,000 after purchasing an additional 122,989 shares during the period. Finally, Morgan Stanley increased its position in SPDR S&P 400 Mid Cap Growth ETF by 13.8% during the 4th quarter. Morgan Stanley now owns 767,912 shares of the company’s stock worth $70,978,000 after purchasing an additional 92,943 shares in the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

NYSEARCA MDYG opened at $113.68 on Tuesday. SPDR S&P 400 Mid Cap Growth ETF has a one year low of $87.09 and a one year high of $113.93. The company’s 50 day moving average price is $109.47 and its 200 day moving average price is $104.36. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 22.35 and a beta of 1.05.

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.