SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) Sets New 12-Month Low – Should You Sell?

Posted by Casey Walker on Apr 5th, 2025

SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $76.13 and last traded at $76.77, with a volume of 277154 shares trading hands. The stock had previously closed at $81.58.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

The stock’s 50 day simple moving average is $84.43 and its 200 day simple moving average is $87.78. The firm has a market cap of $2.30 billion, a PE ratio of 21.35 and a beta of 1.12.

SPDR S&P 400 Mid CapGrowth ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a $0.1481 dividend. The ex-dividend date was Monday, March 24th.

Institutional Investors Weigh In On SPDR S&P 400 Mid CapGrowth ETF

Large investors have recently added to or reduced their stakes in the company. Versant Capital Management Inc purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the 1st quarter valued at about $33,000. Milestone Asset Management Group LLC bought a new position in SPDR S&P 400 Mid CapGrowth ETF during the fourth quarter valued at approximately $778,000. Mascagni Wealth Management Inc. purchased a new position in SPDR S&P 400 Mid CapGrowth ETF in the 4th quarter worth $53,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 1.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 18,244 shares of the company’s stock worth $1,585,000 after purchasing an additional 285 shares during the last quarter. Finally, Capital A Wealth Management LLC bought a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the 4th quarter valued at about $33,000.

About SPDR S&P 400 Mid CapGrowth ETF

(Get Free Report)

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.