MONECO Advisors LLC Increases Position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

MONECO Advisors LLC increased its holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 25.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,920 shares of the company’s stock after acquiring an additional 2,646 shares during the period. MONECO Advisors LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $1,123,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in SPDR S&P 400 Mid CapGrowth ETF by 2.2% in the third quarter. JPMorgan Chase & Co. now owns 20,612 shares of the company’s stock valued at $1,809,000 after acquiring an additional 446 shares during the last quarter. Park Avenue Securities LLC raised its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 11.9% in the 4th quarter. Park Avenue Securities LLC now owns 12,167 shares of the company’s stock worth $1,057,000 after purchasing an additional 1,295 shares during the period. Cerity Partners LLC lifted its stake in SPDR S&P 400 Mid CapGrowth ETF by 33.5% in the third quarter. Cerity Partners LLC now owns 11,296 shares of the company’s stock valued at $991,000 after purchasing an additional 2,834 shares during the last quarter. Jane Street Group LLC grew its holdings in SPDR S&P 400 Mid CapGrowth ETF by 149.6% during the third quarter. Jane Street Group LLC now owns 12,063 shares of the company’s stock valued at $1,058,000 after purchasing an additional 7,231 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in SPDR S&P 400 Mid CapGrowth ETF by 242.8% during the third quarter. Farther Finance Advisors LLC now owns 1,138 shares of the company’s stock valued at $100,000 after purchasing an additional 806 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

Shares of MDYG opened at $85.49 on Monday. SPDR S&P 400 Mid CapGrowth ETF has a 1 year low of $79.12 and a 1 year high of $95.51. The stock’s fifty day moving average price is $89.03 and its two-hundred day moving average price is $88.61. The firm has a market cap of $2.72 billion, a PE ratio of 21.87 and a beta of 1.11.

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.