New England Capital Financial Advisors LLC Purchases 4,721 Shares of SPDR S&P 400 Mid Cap Growth ETF $MDYG

New England Capital Financial Advisors LLC grew its position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 35.3% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,079 shares of the company’s stock after buying an additional 4,721 shares during the period. SPDR S&P 400 Mid Cap Growth ETF accounts for about 0.5% of New England Capital Financial Advisors LLC’s portfolio, making the stock its 19th largest position. New England Capital Financial Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $1,735,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of MDYG. World Investment Advisors lifted its position in SPDR S&P 400 Mid Cap Growth ETF by 2.0% during the first quarter. World Investment Advisors now owns 24,397 shares of the company’s stock valued at $2,341,000 after acquiring an additional 486 shares during the last quarter. Turtle Creek Wealth Advisors LLC purchased a new position in SPDR S&P 400 Mid Cap Growth ETF in the first quarter worth $73,000. Private Advisor Group LLC increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 40.6% during the first quarter. Private Advisor Group LLC now owns 425,586 shares of the company’s stock worth $40,839,000 after purchasing an additional 122,989 shares in the last quarter. KPP Advisory Services LLC increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 5.4% during the first quarter. KPP Advisory Services LLC now owns 8,910 shares of the company’s stock worth $855,000 after purchasing an additional 458 shares in the last quarter. Finally, Financial Life Planners acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the first quarter worth $62,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

Shares of MDYG opened at $109.87 on Friday. The firm has a market cap of $2.87 billion, a PE ratio of 22.35 and a beta of 1.05. SPDR S&P 400 Mid Cap Growth ETF has a 12 month low of $86.23 and a 12 month high of $112.17. The stock has a fifty day moving average price of $107.82 and a 200-day moving average price of $101.36.

About SPDR S&P 400 Mid Cap Growth ETF

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.