Pine Haven Investment Counsel Inc Purchases New Holdings in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Pine Haven Investment Counsel Inc purchased a new stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 8,888 shares of the company’s stock, valued at approximately $929,000.

Other institutional investors have also recently made changes to their positions in the company. NorthRock Partners LLC increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 6.5% during the 2nd quarter. NorthRock Partners LLC now owns 1,153,617 shares of the company’s stock worth $129,309,000 after purchasing an additional 70,276 shares during the last quarter. FAS Wealth Partners Inc. boosted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 2.1% in the 1st quarter. FAS Wealth Partners Inc. now owns 507,678 shares of the company’s stock valued at $48,717,000 after buying an additional 10,447 shares during the last quarter. Avantax Planning Partners Inc. boosted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 11.6% in the 1st quarter. Avantax Planning Partners Inc. now owns 321,914 shares of the company’s stock valued at $30,891,000 after buying an additional 33,447 shares during the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the 3rd quarter valued at approximately $22,639,000. Finally, Convergence Financial LLC bought a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the third quarter valued at $22,484,000.

SPDR S&P 400 Mid Cap Growth ETF Trading Down 4.6%

NYSEARCA:MDYG opened at $99.70 on Friday. SPDR S&P 400 Mid Cap Growth ETF has a 1-year low of $87.09 and a 1-year high of $113.93. The firm has a fifty day simple moving average of $105.33 and a 200 day simple moving average of $104.61. The stock has a market capitalization of $2.71 billion, a PE ratio of 25.03 and a beta of 1.06.

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.