Kingswood Wealth Advisors LLC Purchases 613 Shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG)

Kingswood Wealth Advisors LLC grew its position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 1.9% during the first quarter, HoldingsChannel.com reports. The firm owned 32,214 shares of the company’s stock after buying an additional 613 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $2,560,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. NorthRock Partners LLC grew its position in SPDR S&P 400 Mid Cap Growth ETF by 185.9% in the fourth quarter. NorthRock Partners LLC now owns 998,446 shares of the company’s stock valued at $86,755,000 after purchasing an additional 649,192 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the 4th quarter worth about $24,981,000. Stifel Financial Corp grew its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 17.5% in the 4th quarter. Stifel Financial Corp now owns 1,406,917 shares of the company’s stock valued at $122,247,000 after acquiring an additional 209,297 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 19.3% in the 4th quarter. Benjamin Edwards Inc. now owns 1,184,278 shares of the company’s stock valued at $102,903,000 after acquiring an additional 191,334 shares in the last quarter. Finally, Cary Street Partners Financial LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the fourth quarter valued at about $14,077,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

MDYG opened at $84.60 on Thursday. The business’s 50-day simple moving average is $81.95 and its 200 day simple moving average is $84.70. 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 firm has a market capitalization of $2.21 billion, a PE ratio of 20.98 and a beta of 1.07.

About SPDR S&P 400 Mid Cap Growth ETF

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.