American Financial & Tax Strategies Inc. Has $1.60 Million Position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

American Financial & Tax Strategies Inc. increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,380 shares of the company’s stock after purchasing an additional 295 shares during the period. American Financial & Tax Strategies Inc. owned approximately 0.05% of SPDR S&P 400 Mid CapGrowth ETF worth $1,597,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of MDYG. Legacy Investment Solutions LLC bought a new position in SPDR S&P 400 Mid CapGrowth ETF in the third quarter valued at approximately $25,000. Darwin Wealth Management LLC bought a new stake in SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter valued at $27,000. Sound Income Strategies LLC acquired a new position in SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter worth $28,000. Capital Investment Advisory Services LLC increased its holdings in SPDR S&P 400 Mid CapGrowth ETF by 110.1% during the 4th quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock worth $36,000 after purchasing an additional 219 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 189.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 535 shares of the company’s stock valued at $46,000 after purchasing an additional 350 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

NYSEARCA:MDYG opened at $90.75 on Friday. The stock has a 50-day simple moving average of $90.08 and a 200 day simple moving average of $88.26. SPDR S&P 400 Mid CapGrowth ETF has a 52-week low of $76.79 and a 52-week high of $95.51. The company has a market cap of $3.22 billion, a PE ratio of 18.50 and a beta of 1.09.

SPDR S&P 400 Mid CapGrowth 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.