SFG Wealth Management LLC. Acquires 5,310 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

SFG Wealth Management LLC. increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 4.9% during the third quarter, Holdings Channel reports. The fund owned 113,119 shares of the company’s stock after purchasing an additional 5,310 shares during the period. SPDR S&P 400 Mid CapGrowth ETF makes up about 5.3% of SFG Wealth Management LLC.’s portfolio, making the stock its 4th biggest position. SFG Wealth Management LLC.’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $9,925,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Confluence Investment Management LLC increased its position in SPDR S&P 400 Mid CapGrowth ETF by 165.6% in the 3rd quarter. Confluence Investment Management LLC now owns 488,176 shares of the company’s stock valued at $42,833,000 after acquiring an additional 304,355 shares in the last quarter. Portside Wealth Group LLC grew its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.9% during the third quarter. Portside Wealth Group LLC now owns 9,922 shares of the company’s stock valued at $871,000 after purchasing an additional 283 shares during the last quarter. Flagship Private Wealth LLC bought a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the third quarter valued at approximately $276,000. Oak Root LLC increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 1.6% in the third quarter. Oak Root LLC now owns 30,360 shares of the company’s stock valued at $2,664,000 after purchasing an additional 485 shares in the last quarter. Finally, Cary Street Partners Asset Management LLC bought a new position in SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter worth approximately $11,010,000.

SPDR S&P 400 Mid CapGrowth ETF Stock Up 0.6 %

NYSEARCA:MDYG traded up $0.56 during trading hours on Friday, hitting $92.45. 15,670 shares of the stock were exchanged, compared to its average volume of 220,995. The company’s 50 day moving average is $87.08 and its two-hundred day moving average is $85.61. The company has a market capitalization of $3.28 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 $66.82 and a twelve month high of $92.45.

About SPDR S&P 400 Mid CapGrowth ETF

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.