Oak Root LLC Raises Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Oak Root LLC boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 1.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,360 shares of the company’s stock after buying an additional 485 shares during the period. SPDR S&P 400 Mid CapGrowth ETF makes up about 0.3% of Oak Root LLC’s portfolio, making the stock its 14th biggest holding. Oak Root LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $2,664,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. CreativeOne Wealth LLC purchased a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the 1st quarter valued at about $254,000. BNP Paribas Financial Markets bought a new stake in SPDR S&P 400 Mid CapGrowth ETF during the first quarter worth approximately $4,364,000. Bleakley Financial Group LLC raised its position in SPDR S&P 400 Mid CapGrowth ETF by 7.4% during the first quarter. Bleakley Financial Group LLC now owns 3,578 shares of the company’s stock valued at $312,000 after purchasing an additional 246 shares during the period. Gradient Investments LLC lifted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 1,474.3% in the 2nd quarter. Gradient Investments LLC now owns 6,801 shares of the company’s stock valued at $572,000 after purchasing an additional 6,369 shares during the last quarter. Finally, Perennial Investment Advisors LLC increased its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 0.6% during the 2nd quarter. Perennial Investment Advisors LLC now owns 82,784 shares of the company’s stock valued at $6,959,000 after purchasing an additional 486 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

NYSEARCA:MDYG opened at $87.21 on Tuesday. The firm has a market capitalization of $3.09 billion, a PE ratio of 18.50 and a beta of 1.09. The stock’s fifty day moving average is $86.93 and its 200 day moving average is $85.51. SPDR S&P 400 Mid CapGrowth ETF has a fifty-two week low of $66.82 and a fifty-two week high of $90.00.

About SPDR S&P 400 Mid CapGrowth ETF

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.