Sterling Financial Planning Inc. Sells 306 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Sterling Financial Planning Inc. cut its position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 9.8% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,815 shares of the company’s stock after selling 306 shares during the quarter. Sterling Financial Planning Inc.’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $237,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. boosted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 2.2% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 857,383 shares of the company’s stock worth $74,841,000 after acquiring an additional 18,428 shares in the last quarter. FAS Wealth Partners Inc. lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 3.8% in the 2nd quarter. FAS Wealth Partners Inc. now owns 439,487 shares of the company’s stock worth $36,943,000 after purchasing an additional 16,010 shares in the last quarter. Confluence Investment Management LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the 1st quarter worth $37,185,000. Orion Portfolio Solutions LLC grew its position in SPDR S&P 400 Mid CapGrowth ETF by 13,939.4% in the 1st quarter. Orion Portfolio Solutions LLC now owns 386,927 shares of the company’s stock valued at $33,775,000 after purchasing an additional 384,171 shares during the period. Finally, Private Advisor Group LLC increased its stake in SPDR S&P 400 Mid CapGrowth ETF by 126.3% during the 4th quarter. Private Advisor Group LLC now owns 351,059 shares of the company’s stock valued at $26,565,000 after purchasing an additional 195,914 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Up 0.8 %

MDYG traded up $0.68 during trading on Friday, hitting $87.02. 42,781 shares of the company’s stock were exchanged, compared to its average volume of 253,256. SPDR S&P 400 Mid CapGrowth ETF has a fifty-two week low of $64.67 and a fifty-two week high of $89.30. The stock has a market cap of $3.08 billion, a P/E ratio of 18.50 and a beta of 1.09. The business’s 50 day moving average is $85.09 and its two-hundred day moving average is $84.44.

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.