NorthRock Partners LLC Boosts Holdings in SPDR S&P 400 Mid Cap Growth ETF $MDYG

NorthRock Partners LLC increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 6.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,153,617 shares of the company’s stock after acquiring an additional 70,276 shares during the quarter. SPDR S&P 400 Mid Cap Growth ETF comprises approximately 1.9% of NorthRock Partners LLC’s portfolio, making the stock its 13th largest holding. NorthRock Partners LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $129,309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 1.3% during the first quarter. Royal Bank of Canada now owns 81,888 shares of the company’s stock worth $6,507,000 after purchasing an additional 1,090 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 35.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,032 shares of the company’s stock valued at $320,000 after purchasing an additional 1,054 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 7.0% in the 1st quarter. NewEdge Advisors LLC now owns 5,127 shares of the company’s stock valued at $407,000 after purchasing an additional 336 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 6.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 46,302 shares of the company’s stock valued at $3,679,000 after purchasing an additional 2,922 shares during the period. Finally, Jane Street Group LLC purchased a new position in SPDR S&P 400 Mid Cap Growth ETF during the 1st quarter worth approximately $371,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Down 0.4%

MDYG opened at $107.84 on Wednesday. The firm has a market cap of $2.84 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 52 week low of $87.09 and a 52 week high of $113.93. The business’s 50 day moving average is $109.21 and its two-hundred day moving average is $105.53.

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.