SFG Wealth Management LLC. Has $9.06 Million Stock Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

SFG Wealth Management LLC. increased its position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 3.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 107,809 shares of the company’s stock after purchasing an additional 3,796 shares during the period. SPDR S&P 400 Mid CapGrowth ETF makes up 5.2% of SFG Wealth Management LLC.’s portfolio, making the stock its 4th largest holding. SFG Wealth Management LLC.’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $9,062,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Raymond James & Associates bought a new position in SPDR S&P 400 Mid CapGrowth ETF in the 4th quarter valued at $209,000. International Assets Investment Management LLC increased its stake in SPDR S&P 400 Mid CapGrowth ETF by 7,466.6% in the 4th quarter. International Assets Investment Management LLC now owns 175,016 shares of the company’s stock worth $13,243,000 after buying an additional 172,703 shares during the period. Cerity Partners LLC lifted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 5.3% during the 4th quarter. Cerity Partners LLC now owns 7,837 shares of the company’s stock valued at $593,000 after buying an additional 397 shares in the last quarter. CWM LLC boosted its position in SPDR S&P 400 Mid CapGrowth ETF by 3,994.1% in the 4th quarter. CWM LLC now owns 25,670 shares of the company’s stock valued at $1,942,000 after buying an additional 25,043 shares during the period. Finally, New England Capital Financial Advisors LLC boosted its position in SPDR S&P 400 Mid CapGrowth ETF by 4.8% in the 4th quarter. New England Capital Financial Advisors LLC now owns 7,684 shares of the company’s stock valued at $581,000 after buying an additional 350 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

Shares of NYSEARCA:MDYG traded down $0.06 during trading on Friday, reaching $85.06. 79,609 shares of the company were exchanged, compared to its average volume of 263,795. The business’s fifty day simple moving average is $84.67 and its 200-day simple moving average is $83.91. SPDR S&P 400 Mid CapGrowth ETF has a 12-month low of $64.67 and a 12-month high of $89.30. The firm has a market capitalization of $3.02 billion, a PE ratio of 18.50 and a beta of 1.09.

About SPDR S&P 400 Mid CapGrowth ETF

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.