Rehmann Capital Advisory Group Boosts Position in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Rehmann Capital Advisory Group grew its position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 3.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 331,315 shares of the company’s stock after acquiring an additional 11,455 shares during the quarter. SPDR S&P 400 Mid Cap Growth ETF comprises about 1.6% of Rehmann Capital Advisory Group’s portfolio, making the stock its 10th largest position. Rehmann Capital Advisory Group’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $30,648,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MDYG. AE Wealth Management LLC grew its holdings in SPDR S&P 400 Mid Cap Growth ETF by 26.1% during the 4th quarter. AE Wealth Management LLC now owns 1,084,310 shares of the company’s stock valued at $100,223,000 after purchasing an additional 224,654 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its position in SPDR S&P 400 Mid Cap Growth ETF by 17.7% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 42,082 shares of the company’s stock worth $3,890,000 after purchasing an additional 6,339 shares during the period. Balanced Wealth Group LLC lifted its stake in SPDR S&P 400 Mid Cap Growth ETF by 3.9% in the fourth quarter. Balanced Wealth Group LLC now owns 140,134 shares of the company’s stock worth $12,850,000 after purchasing an additional 5,324 shares during the last quarter. Elevated Capital Advisors LLC lifted its stake in SPDR S&P 400 Mid Cap Growth ETF by 40.5% in the fourth quarter. Elevated Capital Advisors LLC now owns 24,162 shares of the company’s stock worth $2,233,000 after purchasing an additional 6,962 shares during the last quarter. Finally, Mosaic Family Wealth Partners LLC boosted its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 31.4% during the third quarter. Mosaic Family Wealth Partners LLC now owns 36,175 shares of the company’s stock valued at $3,311,000 after buying an additional 8,644 shares during the period.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

Shares of NYSEARCA:MDYG opened at $110.53 on Friday. The firm has a market capitalization of $2.87 billion, a PE ratio of 22.35 and a beta of 1.06. The business has a 50 day simple moving average of $106.33 and a two-hundred day simple moving average of $100.16. SPDR S&P 400 Mid Cap Growth ETF has a 1 year low of $83.38 and a 1 year high of $111.64.

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.