Global Assets Advisory LLC Takes Position in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Global Assets Advisory LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 9,872 shares of the company’s stock, valued at approximately $947,000.

Several other large investors also recently added to or reduced their stakes in the company. UNIVEST FINANCIAL Corp lifted its holdings in SPDR S&P 400 Mid Cap Growth ETF by 1,102.7% during the fourth quarter. UNIVEST FINANCIAL Corp now owns 320,940 shares of the company’s stock valued at $29,665,000 after purchasing an additional 294,255 shares during the last quarter. AE Wealth Management LLC raised its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 26.1% in the fourth 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 period. WCG Wealth Advisors LLC raised its position 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 purchasing an additional 198,955 shares during the period. Corient Private Wealth LLC lifted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 104.5% during the 2nd 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 lifted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 40.6% during the 1st 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 NYSEARCA:MDYG traded down $0.59 during trading on Friday, hitting $108.82. 64,817 shares of the company were exchanged, compared to its average volume of 91,306. The company has a market cap of $2.84 billion, a PE ratio of 22.35 and a beta of 1.05. The stock has a 50 day moving average of $108.37 and a 200 day moving average of $101.92. SPDR S&P 400 Mid Cap Growth ETF has a 52-week low of $86.23 and a 52-week 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.