Safeguard Investment Advisory Group LLC Has $306,000 Stock Holdings in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG)

Safeguard Investment Advisory Group LLC reduced its position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 19.9% in the 4th quarter, Holdings Channel reports. The firm owned 3,518 shares of the company’s stock after selling 875 shares during the quarter. Safeguard Investment Advisory Group LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in SPDR S&P 400 Mid Cap Growth ETF by 2.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,612 shares of the company’s stock valued at $1,809,000 after purchasing an additional 446 shares during the period. Brookstone Capital Management grew its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 35.0% in the fourth quarter. Brookstone Capital Management now owns 14,245 shares of the company’s stock valued at $1,238,000 after buying an additional 3,696 shares in the last quarter. Park Avenue Securities LLC grew its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 11.9% in the fourth quarter. Park Avenue Securities LLC now owns 12,167 shares of the company’s stock valued at $1,057,000 after buying an additional 1,295 shares in the last quarter. Inspirion Wealth Advisors LLC lifted its holdings in SPDR S&P 400 Mid Cap Growth ETF by 42.8% during the 4th quarter. Inspirion Wealth Advisors LLC now owns 10,907 shares of the company’s stock valued at $954,000 after purchasing an additional 3,270 shares during the last quarter. Finally, Certified Advisory Corp acquired a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the fourth quarter worth $205,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Up 1.3%

MDYG stock opened at $86.51 on Friday. SPDR S&P 400 Mid Cap Growth ETF has a 52 week low of $68.59 and a 52 week high of $95.51. The business has a 50-day simple moving average of $79.07 and a 200 day simple moving average of $85.72. The company has a market cap of $2.27 billion, a PE ratio of 20.99 and a beta of 1.09.

SPDR S&P 400 Mid Cap Growth 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.