Asset Management Group Inc. lessened its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG – Free Report) by 6.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 21,251 shares of the company’s stock after selling 1,356 shares during the quarter. Asset Management Group Inc.’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $1,865,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Darwin Wealth Management LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the third quarter worth about $27,000. Sound Income Strategies LLC purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter valued at about $28,000. Mattson Financial Services LLC bought a new position in SPDR S&P 400 Mid CapGrowth ETF in the 2nd quarter worth about $30,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the second quarter worth approximately $40,000. Finally, Concord Wealth Partners raised its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 22.0% during the third quarter. Concord Wealth Partners now owns 643 shares of the company’s stock valued at $56,000 after acquiring an additional 116 shares in the last quarter.
SPDR S&P 400 Mid CapGrowth ETF Stock Up 1.6 %
Shares of NYSEARCA:MDYG opened at $91.94 on Friday. The business’s 50 day moving average is $88.57 and its 200 day moving average is $86.22. The stock has a market cap of $3.26 billion, a P/E ratio of 18.50 and a beta of 1.09. SPDR S&P 400 Mid CapGrowth ETF has a 52-week low of $69.97 and a 52-week high of $93.37.
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.
Recommended Stories
- Five stocks we like better than SPDR S&P 400 Mid CapGrowth ETF
- Technology Stocks Explained: Here’s What to Know About Tech
- Netflix Ventures Into Live Sports, Driving Stock Momentum
- Investing in Construction Stocks
- Snowflake Melts Up as Analysts Shift Gears; Higher Prices To Come
- How to Capture the Benefits of Dividend Increases
- Oil’s Rally Could Boost These 3 Shipping Stocks
Want to see what other hedge funds are holding MDYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG – Free Report).
Receive News & Ratings for SPDR S&P 400 Mid CapGrowth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 400 Mid CapGrowth ETF and related companies with MarketBeat.com's FREE daily email newsletter.