6,627 Shares in SPDR S&P 400 Mid Cap Growth ETF $MDYG Bought by RFG Advisory LLC

RFG Advisory LLC acquired a new position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the first quarter, HoldingsChannel reports. The institutional investor acquired 6,627 shares of the company’s stock, valued at approximately $636,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 1.3% in the 1st quarter. Royal Bank of Canada now owns 81,888 shares of the company’s stock worth $6,507,000 after buying an additional 1,090 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 35.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 4,032 shares of the company’s stock valued at $320,000 after buying an additional 1,054 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 7.0% during the 1st quarter. NewEdge Advisors LLC now owns 5,127 shares of the company’s stock valued at $407,000 after buying an additional 336 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in SPDR S&P 400 Mid Cap Growth ETF by 6.7% during the first quarter. Goldman Sachs Group Inc. now owns 46,302 shares of the company’s stock worth $3,679,000 after acquiring an additional 2,922 shares during the period. Finally, Jane Street Group LLC acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF during the first quarter worth about $371,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Up 0.6%

Shares of NYSEARCA MDYG opened at $110.66 on Tuesday. The firm’s 50-day moving average price is $107.34 and its two-hundred day moving average price is $100.95. SPDR S&P 400 Mid Cap Growth ETF has a 52-week low of $86.23 and a 52-week high of $111.74. The stock has a market capitalization of $2.87 billion, a P/E ratio of 22.35 and a beta of 1.06.

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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations between $850 million and $3.8 billion.