Heritage Wealth Management Inc. CA Purchases 7,313 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Heritage Wealth Management Inc. CA grew its position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 47.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,649 shares of the company’s stock after acquiring an additional 7,313 shares during the quarter. SPDR S&P 400 Mid CapGrowth ETF accounts for about 1.4% of Heritage Wealth Management Inc. CA’s holdings, making the stock its 17th largest position. Heritage Wealth Management Inc. CA owned 0.06% of SPDR S&P 400 Mid CapGrowth ETF worth $1,968,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Legacy Investment Solutions LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter valued at about $25,000. Centricity Wealth Management LLC bought a new position in SPDR S&P 400 Mid CapGrowth ETF during the fourth quarter worth about $26,000. Cape Investment Advisory Inc. boosted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 198.1% during the fourth quarter. Cape Investment Advisory Inc. now owns 310 shares of the company’s stock valued at $27,000 after purchasing an additional 206 shares in the last quarter. Capital Investment Advisory Services LLC grew its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 110.1% in the 4th quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock valued at $36,000 after purchasing an additional 219 shares during the period. Finally, MassMutual Private Wealth & Trust FSB raised its holdings 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 worth $46,000 after buying an additional 350 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

SPDR S&P 400 Mid CapGrowth ETF stock opened at $82.85 on Tuesday. The business has a 50 day simple moving average of $86.48 and a 200 day simple moving average of $88.12. SPDR S&P 400 Mid CapGrowth ETF has a one year low of $77.49 and a one year high of $95.51. The company has a market capitalization of $2.62 billion, a PE ratio of 21.05 and a beta of 1.12.

SPDR S&P 400 Mid CapGrowth ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be paid a $0.1481 dividend. The ex-dividend date is Monday, March 24th.

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.