SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) Shares Sold by First National Trust Co

First National Trust Co lowered its position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 358,973 shares of the company’s stock after selling 5,815 shares during the quarter. SPDR S&P 400 Mid CapGrowth ETF comprises about 1.2% of First National Trust Co’s holdings, making the stock its 16th biggest holding. First National Trust Co owned approximately 1.01% of SPDR S&P 400 Mid CapGrowth ETF worth $31,191,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of MDYG. Legacy Investment Solutions LLC purchased a new position in SPDR S&P 400 Mid CapGrowth ETF during the third quarter worth about $25,000. Centricity Wealth Management LLC purchased a new position in SPDR S&P 400 Mid CapGrowth ETF during the fourth quarter worth about $26,000. Darwin Wealth Management LLC purchased a new position in SPDR S&P 400 Mid CapGrowth ETF during the third quarter worth about $27,000. Cape Investment Advisory Inc. boosted its stake in SPDR S&P 400 Mid CapGrowth ETF by 198.1% during the fourth quarter. Cape Investment Advisory Inc. now owns 310 shares of the company’s stock worth $27,000 after buying an additional 206 shares during the period. Finally, Capital Investment Advisory Services LLC boosted its stake in 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 worth $36,000 after buying an additional 219 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

Shares of MDYG stock opened at $77.91 on Friday. The company has a 50-day moving average of $87.40 and a two-hundred day moving average of $88.32. SPDR S&P 400 Mid CapGrowth ETF has a 1-year low of $77.49 and a 1-year high of $95.51. The firm has a market cap of $2.47 billion, a PE ratio of 21.05 and a beta of 1.12.

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.