LPL Financial LLC Buys 21,506 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

LPL Financial LLC boosted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 1.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,755,895 shares of the company’s stock after purchasing an additional 21,506 shares during the quarter. LPL Financial LLC owned about 4.95% of SPDR S&P 400 Mid CapGrowth ETF worth $152,570,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp increased its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 146.2% in the third quarter. Stifel Financial Corp now owns 1,197,620 shares of the company’s stock worth $105,079,000 after purchasing an additional 711,253 shares during the period. Benjamin Edwards Inc. grew its holdings in SPDR S&P 400 Mid CapGrowth ETF by 6,605.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 992,944 shares of the company’s stock valued at $87,122,000 after buying an additional 978,136 shares during the last quarter. Parcion Private Wealth LLC increased its position in SPDR S&P 400 Mid CapGrowth ETF by 0.9% in the 4th quarter. Parcion Private Wealth LLC now owns 832,560 shares of the company’s stock worth $72,341,000 after buying an additional 7,177 shares during the period. Confluence Investment Management LLC lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 12.4% during the fourth quarter. Confluence Investment Management LLC now owns 548,721 shares of the company’s stock worth $47,678,000 after buying an additional 60,545 shares during the last quarter. Finally, Avantax Planning Partners Inc. boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 7.3% in the fourth quarter. Avantax Planning Partners Inc. now owns 292,163 shares of the company’s stock valued at $25,386,000 after acquiring an additional 19,981 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Trading Up 2.8 %

Shares of MDYG stock opened at $82.85 on Tuesday. The firm has a market capitalization of $2.62 billion, a P/E ratio of 21.05 and a beta of 1.12. 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’s fifty day simple moving average is $86.48 and its 200 day simple moving average is $88.12.

SPDR S&P 400 Mid CapGrowth ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be given a dividend of $0.1481 per share. The ex-dividend date is Monday, March 24th.

SPDR S&P 400 Mid CapGrowth ETF Company 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.