Cordatus Wealth Management LLC Invests $5.41 Million in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Cordatus Wealth Management LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 62,225 shares of the company’s stock, valued at approximately $5,405,000. SPDR S&P 400 Mid Cap Growth ETF makes up about 1.3% of Cordatus Wealth Management LLC’s portfolio, making the stock its 15th largest holding. Cordatus Wealth Management LLC owned approximately 0.24% of SPDR S&P 400 Mid Cap Growth ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Mosaic Family Wealth Partners LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 50.3% in the 2nd quarter. Mosaic Family Wealth Partners LLC now owns 27,531 shares of the company’s stock worth $2,392,000 after purchasing an additional 9,213 shares in the last quarter. Kingsview Wealth Management LLC boosted its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 0.6% during the second quarter. Kingsview Wealth Management LLC now owns 44,518 shares of the company’s stock valued at $3,867,000 after buying an additional 279 shares during the last quarter. Avantax Advisory Services Inc. increased its holdings in SPDR S&P 400 Mid Cap Growth ETF by 28.2% in the 2nd quarter. Avantax Advisory Services Inc. now owns 53,328 shares of the company’s stock worth $4,633,000 after buying an additional 11,740 shares in the last quarter. New England Capital Financial Advisors LLC increased its holdings in SPDR S&P 400 Mid Cap Growth ETF by 7.0% in the 2nd quarter. New England Capital Financial Advisors LLC now owns 12,333 shares of the company’s stock worth $1,071,000 after buying an additional 809 shares in the last quarter. Finally, WealthShield Partners LLC raised its position in SPDR S&P 400 Mid Cap Growth ETF by 3.1% in the 2nd quarter. WealthShield Partners LLC now owns 73,154 shares of the company’s stock worth $6,355,000 after buying an additional 2,189 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Stock Down 1.7%

Shares of NYSEARCA MDYG opened at $88.50 on Tuesday. The firm’s 50-day moving average price is $91.52 and its 200-day moving average price is $88.68. 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 company has a market cap of $2.31 billion, a PE ratio of 22.35 and a beta of 1.08.

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.