SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) Shares Sold by Linscomb Wealth Inc.

Linscomb Wealth Inc. cut its position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 4.7% in the 1st quarter, HoldingsChannel.com reports. The fund owned 12,907 shares of the company’s stock after selling 638 shares during the period. Linscomb Wealth Inc.’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $1,127,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gradient Investments LLC grew its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 314.0% in the fourth quarter. Gradient Investments LLC now owns 472 shares of the company’s stock valued at $36,000 after buying an additional 358 shares in the last quarter. Richardson Financial Services Inc. acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the first quarter valued at about $42,000. Fifth Third Bancorp acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the fourth quarter valued at about $38,000. Assetmark Inc. grew its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 4,592.6% in the fourth quarter. Assetmark Inc. now owns 1,267 shares of the company’s stock valued at $96,000 after buying an additional 1,240 shares in the last quarter. Finally, Private Trust Co. NA grew its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 32.7% in the fourth quarter. Private Trust Co. NA now owns 1,782 shares of the company’s stock valued at $135,000 after buying an additional 439 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

Shares of MDYG stock traded up $1.49 during trading hours on Friday, reaching $87.09. The company had a trading volume of 60,687 shares, compared to its average volume of 272,911. The company has a market capitalization of $3.09 billion, a P/E ratio of 18.50 and a beta of 1.09. SPDR S&P 400 Mid CapGrowth ETF has a twelve month low of $64.67 and a twelve month high of $89.30. The stock’s fifty day simple moving average is $84.96 and its 200 day simple moving average is $82.95.

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.