Destiny Capital Corp CO Makes New $1.82 Million Investment in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Destiny Capital Corp CO acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 17,438 shares of the company’s stock, valued at approximately $1,823,000. SPDR S&P 400 Mid Cap Growth ETF accounts for approximately 0.9% of Destiny Capital Corp CO’s portfolio, making the stock its 18th biggest holding. Destiny Capital Corp CO owned approximately 0.06% of SPDR S&P 400 Mid Cap Growth ETF at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of MDYG. International Assets Investment Management LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the third quarter worth about $236,000. Pine Haven Investment Counsel Inc purchased a new position in SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter valued at about $929,000. Kestra Advisory Services LLC purchased a new position in SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter valued at about $1,209,000. Commonwealth Equity Services LLC bought a new position in SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter valued at approximately $22,639,000. Finally, Clear Point Advisors Inc. bought a new position in SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter valued at approximately $608,000.

SPDR S&P 400 Mid Cap Growth ETF Trading Up 1.3%

NYSEARCA MDYG traded up $1.32 on Friday, hitting $101.02. The company’s stock had a trading volume of 210,378 shares, compared to its average volume of 93,479. SPDR S&P 400 Mid Cap Growth ETF has a 52-week low of $87.09 and a 52-week high of $113.93. The company’s 50-day simple moving average is $105.14 and its 200 day simple moving average is $104.63. The firm has a market cap of $2.74 billion, a P/E 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.