Rodgers & Associates LTD Sells 1,770 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Rodgers & Associates LTD cut its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 0.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 191,545 shares of the company’s stock after selling 1,770 shares during the period. SPDR S&P 400 Mid CapGrowth ETF accounts for approximately 2.0% of Rodgers & Associates LTD’s portfolio, making the stock its 16th biggest position. Rodgers & Associates LTD’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $16,806,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDYG. Sound Income Strategies LLC bought a new position in SPDR S&P 400 Mid CapGrowth ETF during the third quarter worth about $28,000. Mattson Financial Services LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the 2nd quarter valued at about $30,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the 2nd quarter valued at about $40,000. Richardson Financial Services Inc. acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the 1st quarter valued at about $42,000. Finally, Turtle Creek Wealth Advisors LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the 2nd quarter valued at about $64,000.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

Shares of MDYG traded down $0.98 during midday trading on Tuesday, hitting $87.87. The stock had a trading volume of 207,597 shares, compared to its average volume of 226,918. The company has a 50 day simple moving average of $86.55 and a two-hundred day simple moving average of $85.27. SPDR S&P 400 Mid CapGrowth ETF has a twelve month low of $64.67 and a twelve month high of $90.00. The firm has a market cap of $3.11 billion, a price-to-earnings 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.