Onyx Bridge Wealth Group LLC Decreases Stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Onyx Bridge Wealth Group LLC lowered its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 3.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,133 shares of the company’s stock after selling 204 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $464,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in MDYG. Anchor Investment Management LLC purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the fourth quarter worth $32,000. O Shaughnessy Asset Management LLC purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the first quarter worth $29,000. Gradient Investments LLC raised its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 314.0% during the fourth quarter. Gradient Investments LLC now owns 472 shares of the company’s stock worth $36,000 after purchasing an additional 358 shares during the last quarter. Fifth Third Bancorp purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the fourth quarter worth $38,000. Finally, Money Concepts Capital Corp purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the fourth quarter worth $47,000.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

Shares of SPDR S&P 400 Mid CapGrowth ETF stock traded down $0.19 during trading on Friday, hitting $81.04. 74,302 shares of the company’s stock were exchanged, compared to its average volume of 193,075. The business has a 50-day simple moving average of $83.55 and a 200-day simple moving average of $75.99. SPDR S&P 400 Mid CapGrowth ETF has a 52-week low of $64.67 and a 52-week high of $87.69. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 18.34 and a beta of 1.09.

SPDR S&P 400 Mid CapGrowth 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.