Private Advisor Group LLC Acquires 122,989 Shares of SPDR S&P 400 Mid Cap Growth ETF $MDYG

Private Advisor Group LLC boosted its stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 40.6% during the 1st quarter, HoldingsChannel.com reports. The fund owned 425,586 shares of the company’s stock after purchasing an additional 122,989 shares during the quarter. Private Advisor Group LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $40,839,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. KPP Advisory Services LLC raised its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 5.4% in the 1st quarter. KPP Advisory Services LLC now owns 8,910 shares of the company’s stock worth $855,000 after acquiring an additional 458 shares in the last quarter. Financial Life Planners bought a new position in SPDR S&P 400 Mid Cap Growth ETF in the first quarter worth $62,000. First Pacific Financial raised its holdings in SPDR S&P 400 Mid Cap Growth ETF by 40.1% in the first quarter. First Pacific Financial now owns 7,195 shares of the company’s stock worth $690,000 after purchasing an additional 2,061 shares in the last quarter. Balanced Wealth Group LLC increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 2.9% in the 1st quarter. Balanced Wealth Group LLC now owns 144,257 shares of the company’s stock worth $13,843,000 after acquiring an additional 4,123 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in SPDR S&P 400 Mid Cap Growth ETF by 6.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 5,551 shares of the company’s stock valued at $533,000 after acquiring an additional 316 shares during the period.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

NYSEARCA:MDYG opened at $109.87 on Friday. SPDR S&P 400 Mid Cap Growth ETF has a one year low of $86.23 and a one year high of $112.17. The company’s 50-day simple moving average is $107.70 and its 200 day simple moving average is $101.30. The firm has a market capitalization of $2.87 billion, a P/E ratio of 22.35 and a beta of 1.05.

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. 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.