Western Wealth Management LLC Cuts Stock Holdings in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Western Wealth Management LLC lowered its position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 38.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,130 shares of the company’s stock after selling 6,201 shares during the period. Western Wealth Management LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $972,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. UNIVEST FINANCIAL Corp increased its position in SPDR S&P 400 Mid Cap Growth ETF by 1,102.7% during the 4th quarter. UNIVEST FINANCIAL Corp now owns 320,940 shares of the company’s stock worth $29,665,000 after purchasing an additional 294,255 shares during the period. AE Wealth Management LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 26.1% in the 4th quarter. AE Wealth Management LLC now owns 1,084,310 shares of the company’s stock valued at $100,223,000 after buying an additional 224,654 shares during the period. WCG Wealth Advisors LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 257.6% in the fourth quarter. WCG Wealth Advisors LLC now owns 276,185 shares of the company’s stock valued at $25,528,000 after buying an additional 198,955 shares in the last quarter. Corient Private Wealth LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 104.5% in the second quarter. Corient Private Wealth LLC now owns 296,652 shares of the company’s stock valued at $25,771,000 after buying an additional 151,605 shares in the last quarter. Finally, Private Advisor Group LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 40.6% in the first quarter. Private Advisor Group LLC now owns 425,586 shares of the company’s stock valued at $40,839,000 after buying an additional 122,989 shares in the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

Shares of MDYG stock opened at $106.80 on Monday. The business’s fifty day moving average price is $108.81 and its 200 day moving average price is $103.33. The firm has a market capitalization of $2.81 billion, a PE ratio of 22.35 and a beta of 1.05. SPDR S&P 400 Mid Cap Growth ETF has a 1-year low of $86.23 and a 1-year high of $112.17.

SPDR S&P 400 Mid Cap Growth ETF 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.