YHB Investment Advisors Inc. Acquires New Stake in SPDR S&P 400 Mid Cap Growth ETF $MDYG

YHB Investment Advisors Inc. bought a new stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) during the third quarter, Holdings Channel reports. The institutional investor bought 20,924 shares of the company’s stock, valued at approximately $2,187,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of MDYG. Private Advisor Group LLC increased its stake in SPDR S&P 400 Mid Cap Growth ETF by 40.6% in the first quarter. Private Advisor Group LLC now owns 425,586 shares of the company’s stock valued at $40,839,000 after purchasing an additional 122,989 shares during the period. Marathon Mission Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the third quarter worth about $8,859,000. Royal Bank of Canada grew its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 100.6% during the first quarter. Royal Bank of Canada now owns 141,086 shares of the company’s stock worth $13,539,000 after buying an additional 70,755 shares during the last quarter. NorthRock Partners LLC increased its position in SPDR S&P 400 Mid Cap Growth ETF by 6.5% in the 2nd quarter. NorthRock Partners LLC now owns 1,153,617 shares of the company’s stock valued at $129,309,000 after acquiring an additional 70,276 shares during the period. Finally, Tempo Wealth LLC acquired a new position in SPDR S&P 400 Mid Cap Growth ETF in the 4th quarter valued at about $3,457,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Down 0.4%

MDYG traded down $0.43 on Thursday, hitting $105.51. 54,647 shares of the company traded hands, compared to its average volume of 90,660. SPDR S&P 400 Mid Cap Growth ETF has a 12-month low of $87.09 and a 12-month high of $113.93. The company has a 50 day moving average of $108.07 and a 200-day moving average of $106.48. The stock has a market capitalization of $2.82 billion, a PE ratio of 22.35 and a beta of 1.06.

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.