Keudell Morrison Wealth Management Acquires New Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Keudell Morrison Wealth Management bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,736 shares of the company’s stock, valued at approximately $238,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Legacy Investment Solutions LLC bought a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter valued at about $25,000. Darwin Wealth Management LLC bought a new position in SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter worth approximately $27,000. Sound Income Strategies LLC acquired a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter worth approximately $28,000. Mattson Financial Services LLC acquired a new position in SPDR S&P 400 Mid CapGrowth ETF in the second quarter valued at $30,000. Finally, Capital Investment Advisory Services LLC boosted its position in SPDR S&P 400 Mid CapGrowth ETF by 110.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock valued at $36,000 after acquiring an additional 219 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

NYSEARCA MDYG opened at $90.74 on Friday. SPDR S&P 400 Mid CapGrowth ETF has a one year low of $75.28 and a one year high of $95.51. The business has a 50 day simple moving average of $90.46 and a 200 day simple moving average of $88.16. The stock has a market capitalization of $3.22 billion, a P/E 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.