IMC Chicago LLC Buys New Stake in SPDR S&P 400 Mid Cap Growth ETF $MDYG

IMC Chicago LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,652 shares of the company’s stock, valued at approximately $926,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MDYG. AE Wealth Management LLC increased its holdings in 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 buying an additional 224,654 shares in the last quarter. Morgan Stanley boosted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 13.8% during the 4th quarter. Morgan Stanley now owns 767,912 shares of the company’s stock worth $70,978,000 after acquiring an additional 92,943 shares in the last quarter. FAS Wealth Partners Inc. grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 1.7% during the 4th quarter. FAS Wealth Partners Inc. now owns 497,231 shares of the company’s stock valued at $45,959,000 after acquiring an additional 8,284 shares during the period. Raymond James Financial Inc. grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 7.3% during the 3rd quarter. Raymond James Financial Inc. now owns 425,874 shares of the company’s stock valued at $38,993,000 after acquiring an additional 28,794 shares during the period. Finally, Private Advisor Group LLC increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 40.6% in the 1st quarter. Private Advisor Group LLC now owns 425,586 shares of the company’s stock valued at $40,839,000 after purchasing an additional 122,989 shares in the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Trading Down 0.1%

NYSEARCA MDYG opened at $108.35 on Thursday. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 22.35 and a beta of 1.05. SPDR S&P 400 Mid Cap Growth ETF has a twelve month low of $86.23 and a twelve month high of $112.17. The stock has a 50-day moving average of $108.51 and a 200 day moving average of $102.26.

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.