SPDR S&P 400 Mid Cap Growth ETF $MDYG Shares Newly Purchased by Moneco Advisors LLC

Moneco Advisors LLC bought a new position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 108,930 shares of the company’s stock, valued at approximately $11,386,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MDYG. NorthRock Partners LLC increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 6.5% in the second quarter. NorthRock Partners LLC now owns 1,153,617 shares of the company’s stock worth $129,309,000 after acquiring an additional 70,276 shares in the last quarter. FAS Wealth Partners Inc. lifted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 2.1% during the 1st quarter. FAS Wealth Partners Inc. now owns 507,678 shares of the company’s stock valued at $48,717,000 after acquiring an additional 10,447 shares in the last quarter. Avantax Planning Partners Inc. acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter valued at $37,628,000. Commonwealth Equity Services LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter valued at $22,639,000. Finally, Convergence Financial LLC purchased a new stake in SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter worth $22,484,000.

SPDR S&P 400 Mid Cap Growth ETF Trading Down 0.5%

Shares of NYSEARCA MDYG opened at $104.12 on Wednesday. The stock has a fifty day moving average price of $104.99 and a 200 day moving average price of $104.68. 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 market cap of $2.82 billion, a P/E ratio of 25.03 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.