SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) Shares Sold by Laidlaw Wealth Management LLC

Laidlaw Wealth Management LLC trimmed its stake in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 21.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 15,427 shares of the company’s stock after selling 4,182 shares during the period. Laidlaw Wealth Management LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $1,340,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Concord Wealth Partners raised its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 22.0% during the 3rd quarter. Concord Wealth Partners now owns 643 shares of the company’s stock worth $56,000 after buying an additional 116 shares in the last quarter. Willner & Heller LLC raised its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.0% during the 4th quarter. Willner & Heller LLC now owns 7,853 shares of the company’s stock worth $682,000 after buying an additional 152 shares in the last quarter. Sage Financial Group Inc. raised its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 0.8% during the 3rd quarter. Sage Financial Group Inc. now owns 21,711 shares of the company’s stock worth $1,905,000 after buying an additional 165 shares in the last quarter. US Bancorp DE raised its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 9.2% during the 3rd quarter. US Bancorp DE now owns 2,204 shares of the company’s stock worth $193,000 after buying an additional 186 shares in the last quarter. Finally, Pathstone Holdings LLC raised its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 0.3% during the 3rd quarter. Pathstone Holdings LLC now owns 73,138 shares of the company’s stock worth $6,417,000 after buying an additional 206 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Trading Up 0.9 %

MDYG stock opened at $89.98 on Wednesday. The firm’s 50-day moving average is $89.37 and its two-hundred day moving average is $88.43. SPDR S&P 400 Mid CapGrowth ETF has a 52 week low of $78.60 and a 52 week high of $95.51. The company has a market capitalization of $3.19 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09.

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.