Stifel Financial Corp Grows Stock Position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG)

Stifel Financial Corp grew its stake in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 17.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,406,917 shares of the company’s stock after acquiring an additional 209,297 shares during the quarter. Stifel Financial Corp owned about 3.97% of SPDR S&P 400 Mid Cap Growth ETF worth $122,247,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Private Trust Co. NA increased its stake in SPDR S&P 400 Mid Cap Growth ETF by 6.4% during the 4th quarter. Private Trust Co. NA now owns 2,065 shares of the company’s stock valued at $179,000 after purchasing an additional 125 shares in the last quarter. Willner & Heller LLC increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 2.0% in the 4th quarter. Willner & Heller LLC now owns 7,853 shares of the company’s stock valued at $682,000 after acquiring an additional 152 shares during the period. Nwam LLC raised its stake in SPDR S&P 400 Mid Cap Growth ETF by 2.6% in the 4th quarter. Nwam LLC now owns 7,218 shares of the company’s stock worth $627,000 after acquiring an additional 185 shares during the last quarter. Cape Investment Advisory Inc. lifted its position in SPDR S&P 400 Mid Cap Growth ETF by 198.1% during the 4th quarter. Cape Investment Advisory Inc. now owns 310 shares of the company’s stock worth $27,000 after acquiring an additional 206 shares during the period. Finally, Capital Investment Advisory Services LLC grew its stake in SPDR S&P 400 Mid Cap Growth ETF by 110.1% during the 4th quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock valued at $36,000 after purchasing an additional 219 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

Shares of MDYG stock opened at $73.69 on Tuesday. 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. The firm has a market capitalization of $2.25 billion, a PE ratio of 19.37 and a beta of 1.09. The stock’s 50-day simple moving average is $80.48 and its 200-day simple moving average is $86.61.

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.