Swmg LLC Grows Holdings in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Swmg LLC grew its stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 79.9% during the 2nd quarter, Holdings Channel reports. The firm owned 6,802 shares of the company’s stock after purchasing an additional 3,020 shares during the quarter. Swmg LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $613,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Signature Estate & Investment Advisors LLC grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 2.1% in the second quarter. Signature Estate & Investment Advisors LLC now owns 35,144 shares of the company’s stock valued at $3,053,000 after purchasing an additional 712 shares during the period. Stratos Wealth Partners LTD. grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 10.1% in the second quarter. Stratos Wealth Partners LTD. now owns 69,103 shares of the company’s stock valued at $6,003,000 after purchasing an additional 6,367 shares during the period. Stratos Wealth Advisors LLC grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 2.8% in the second quarter. Stratos Wealth Advisors LLC now owns 4,495 shares of the company’s stock valued at $391,000 after purchasing an additional 124 shares during the period. SFG Wealth Management LLC. grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 4.4% in the second quarter. SFG Wealth Management LLC. now owns 136,654 shares of the company’s stock valued at $11,871,000 after purchasing an additional 5,731 shares during the period. Finally, Heritage Wealth Management Inc. CA grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 6.5% in the second quarter. Heritage Wealth Management Inc. CA now owns 25,541 shares of the company’s stock valued at $2,219,000 after purchasing an additional 1,556 shares during the period.

SPDR S&P 400 Mid Cap Growth ETF Stock Up 0.0%

Shares of NYSEARCA MDYG opened at $90.32 on Friday. The company’s 50-day simple moving average is $90.99 and its 200-day simple moving average is $86.23. 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 cap of $2.39 billion, a price-to-earnings ratio of 22.35 and a beta of 1.09.

SPDR S&P 400 Mid Cap Growth 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.