Shakespeare Wealth Management LLC Has $16.26 Million Stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Shakespeare Wealth Management LLC decreased its holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 0.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 187,121 shares of the company’s stock after selling 645 shares during the period. SPDR S&P 400 Mid CapGrowth ETF makes up about 4.4% of Shakespeare Wealth Management LLC’s portfolio, making the stock its 10th biggest position. Shakespeare Wealth Management LLC owned about 0.53% of SPDR S&P 400 Mid CapGrowth ETF worth $16,259,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Wells Fargo & Company MN lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 369,502 shares of the company’s stock worth $32,106,000 after acquiring an additional 21,698 shares during the last quarter. Arete Wealth Advisors LLC lifted its stake in SPDR S&P 400 Mid CapGrowth ETF by 26.6% in the 4th quarter. Arete Wealth Advisors LLC now owns 3,181 shares of the company’s stock valued at $276,000 after purchasing an additional 669 shares during the last quarter. OneAscent Financial Services LLC acquired a new stake in SPDR S&P 400 Mid CapGrowth ETF in the fourth quarter valued at approximately $394,000. O Shaughnessy Asset Management LLC grew its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 86.4% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 701 shares of the company’s stock worth $61,000 after buying an additional 325 shares during the last quarter. Finally, Orion Portfolio Solutions LLC increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 9.3% during the fourth quarter. Orion Portfolio Solutions LLC now owns 17,420 shares of the company’s stock worth $1,514,000 after buying an additional 1,476 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Down 5.2 %

NYSEARCA MDYG opened at $72.31 on Monday. SPDR S&P 400 Mid CapGrowth ETF has a twelve month low of $71.00 and a twelve month high of $95.51. The business’s fifty day moving average is $84.43 and its 200 day moving average is $87.79. The company has a market cap of $2.30 billion, a price-to-earnings ratio of 21.35 and a beta of 1.12.

SPDR S&P 400 Mid CapGrowth ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were issued a dividend of $0.1481 per share. The ex-dividend date was 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.