ERn Financial LLC decreased its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG – Free Report) by 8.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 96,785 shares of the company’s stock after selling 9,106 shares during the quarter. SPDR S&P 400 Mid Cap Growth ETF makes up approximately 1.8% of ERn Financial LLC’s portfolio, making the stock its 17th biggest position. ERn Financial LLC owned approximately 0.37% of SPDR S&P 400 Mid Cap Growth ETF worth $8,408,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the business. XY Planning Network Inc. purchased a new stake in SPDR S&P 400 Mid Cap Growth ETF during the second quarter worth approximately $780,000. Motive Wealth Advisors lifted its stake in SPDR S&P 400 Mid Cap Growth ETF by 56.8% during the second quarter. Motive Wealth Advisors now owns 4,354 shares of the company’s stock worth $378,000 after purchasing an additional 1,577 shares during the last quarter. Pine Haven Investment Counsel Inc purchased a new stake in SPDR S&P 400 Mid Cap Growth ETF during the second quarter worth approximately $258,000. Norden Group LLC lifted its stake in SPDR S&P 400 Mid Cap Growth ETF by 36.9% during the second quarter. Norden Group LLC now owns 5,191 shares of the company’s stock worth $451,000 after purchasing an additional 1,400 shares during the last quarter. Finally, Occidental Asset Management LLC lifted its stake in SPDR S&P 400 Mid Cap Growth ETF by 5.6% during the second quarter. Occidental Asset Management LLC now owns 30,993 shares of the company’s stock worth $2,692,000 after purchasing an additional 1,638 shares during the last quarter.
SPDR S&P 400 Mid Cap Growth ETF Stock Up 1.0%
MDYG stock opened at $91.62 on Monday. The business has a 50 day moving average price of $90.31 and a 200 day moving average price of $85.19. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of 22.35 and a beta of 1.09. SPDR S&P 400 Mid Cap Growth ETF has a fifty-two week low of $68.59 and a fifty-two week high of $95.51.
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.
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