Inspirion Wealth Advisors LLC Makes New Investment in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Inspirion Wealth Advisors LLC bought a new stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 7,168 shares of the company’s stock, valued at approximately $749,000.

A number of other large investors also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter worth approximately $25,000. KERR FINANCIAL PLANNING Corp lifted its stake in SPDR S&P 400 Mid Cap Growth ETF by 50.0% in the first quarter. KERR FINANCIAL PLANNING Corp now owns 342 shares of the company’s stock worth $34,000 after acquiring an additional 114 shares during the last quarter. JFS Wealth Advisors LLC grew its holdings in SPDR S&P 400 Mid Cap Growth ETF by 28.2% during the 2nd quarter. JFS Wealth Advisors LLC now owns 518 shares of the company’s stock worth $58,000 after acquiring an additional 114 shares in the last quarter. Financial Life Planners purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the 1st quarter valued at approximately $62,000. Finally, Horizons Wealth Management acquired a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the 3rd quarter valued at $68,000.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

NYSEARCA:MDYG opened at $105.82 on Friday. SPDR S&P 400 Mid Cap Growth ETF has a 12 month low of $87.09 and a 12 month high of $113.93. The firm has a market capitalization of $2.83 billion, a PE ratio of 22.35 and a beta of 1.06. The business’s fifty day moving average price is $108.04 and its 200 day moving average price is $106.56.

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.