SPDR S&P 400 Mid Cap Growth ETF $MDYG Shares Newly Acquired by Chartist Inc. CA

Chartist Inc. CA purchased a new stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 5,183 shares of the company’s stock, valued at approximately $542,000. SPDR S&P 400 Mid Cap Growth ETF makes up approximately 0.6% of Chartist Inc. CA’s investment portfolio, making the stock its 8th largest holding.

Other institutional investors and hedge funds also recently modified their holdings of the company. Avantax Planning Partners Inc. bought a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the third quarter worth about $37,628,000. Commonwealth Equity Services LLC bought a new stake in SPDR S&P 400 Mid Cap Growth ETF in the 3rd quarter valued at approximately $22,639,000. Convergence Financial LLC bought a new stake in SPDR S&P 400 Mid Cap Growth ETF in the 3rd quarter valued at approximately $22,484,000. Rodgers & Associates LTD bought a new stake in SPDR S&P 400 Mid Cap Growth ETF in the 3rd quarter valued at approximately $19,162,000. Finally, Farther Finance Advisors LLC acquired a new position in SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter worth approximately $10,784,000.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

NYSEARCA:MDYG opened at $101.02 on Monday. The company has a market cap of $2.74 billion, a P/E ratio of 25.03 and a beta of 1.06. SPDR S&P 400 Mid Cap Growth ETF has a twelve month low of $87.09 and a twelve month high of $113.93. The business has a 50 day moving average price of $105.14 and a two-hundred day moving average price of $104.63.

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. 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.