KDK Private Wealth Management LLC Takes $501,000 Position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

KDK Private Wealth Management LLC acquired a new position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 5,766 shares of the company’s stock, valued at approximately $501,000.

Several other large investors also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in SPDR S&P 400 Mid CapGrowth ETF during the 4th quarter valued at about $24,981,000. Commonwealth Equity Services LLC lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 121.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 234,922 shares of the company’s stock valued at $20,412,000 after purchasing an additional 128,867 shares during the last quarter. Foundations Investment Advisors LLC boosted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 2,181.8% in the fourth quarter. Foundations Investment Advisors LLC now owns 133,530 shares of the company’s stock worth $11,602,000 after buying an additional 127,678 shares during the period. May Barnhard Investments LLC purchased a new position in SPDR S&P 400 Mid CapGrowth ETF during the 4th quarter worth approximately $5,583,000. Finally, Confluence Investment Management LLC grew 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 valued at $47,678,000 after buying an additional 60,545 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

NYSEARCA MDYG opened at $74.27 on Friday. SPDR S&P 400 Mid CapGrowth ETF has a 52-week low of $68.59 and a 52-week high of $95.51. The firm has a market capitalization of $2.37 billion, a price-to-earnings ratio of 21.35 and a beta of 1.12. The company has a 50 day simple moving average of $82.47 and a 200-day simple moving average of $87.20.

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.