Montz Harcus Wealth Management LLC Invests $272,000 in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Montz Harcus Wealth Management LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,134 shares of the company’s stock, valued at approximately $272,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC purchased a new position in SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter worth $25,000. Darwin Wealth Management LLC acquired a new stake in SPDR S&P 400 Mid CapGrowth ETF in the third quarter worth about $27,000. Sound Income Strategies LLC purchased a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the third quarter worth about $28,000. Capital Investment Advisory Services LLC increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 110.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock valued at $36,000 after acquiring an additional 219 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its position 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 last quarter.

SPDR S&P 400 Mid CapGrowth ETF Trading Down 1.0 %

NYSEARCA:MDYG opened at $88.85 on Wednesday. SPDR S&P 400 Mid CapGrowth ETF has a twelve month low of $77.26 and a twelve month high of $95.51. The company has a market cap of $3.15 billion, a PE ratio of 18.50 and a beta of 1.09. The company’s 50 day moving average is $89.84 and its two-hundred day moving average is $88.36.

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.