Private Advisor Group LLC Acquires 195,914 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Private Advisor Group LLC boosted its holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 126.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 351,059 shares of the company’s stock after purchasing an additional 195,914 shares during the period. Private Advisor Group LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $26,565,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in MDYG. Parcion Private Wealth LLC lifted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 73.0% in the fourth quarter. Parcion Private Wealth LLC now owns 1,018,828 shares of the company’s stock worth $77,095,000 after buying an additional 429,985 shares in the last quarter. Financial Engines Advisors L.L.C. lifted its position in SPDR S&P 400 Mid CapGrowth ETF by 11.9% during the third quarter. Financial Engines Advisors L.L.C. now owns 1,836,885 shares of the company’s stock valued at $127,002,000 after purchasing an additional 194,898 shares during the period. TIAA Trust National Association bought a new position in SPDR S&P 400 Mid CapGrowth ETF during the third quarter valued at approximately $11,941,000. International Assets Investment Management LLC lifted its position in SPDR S&P 400 Mid CapGrowth ETF by 7,466.6% during the fourth quarter. International Assets Investment Management LLC now owns 175,016 shares of the company’s stock valued at $13,243,000 after purchasing an additional 172,703 shares during the period. Finally, LPL Financial LLC increased its holdings in SPDR S&P 400 Mid CapGrowth ETF by 10.1% during the third quarter. LPL Financial LLC now owns 1,455,473 shares of the company’s stock valued at $100,631,000 after buying an additional 132,922 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Trading Up 1.7 %

MDYG stock traded up $1.41 during midday trading on Monday, reaching $85.44. 223,911 shares of the company’s stock traded hands, compared to its average volume of 206,851. 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 cap of $3.02 billion, a P/E ratio of 17.93 and a beta of 1.07. The stock’s 50-day moving average is $84.27 and its 200 day moving average is $77.23.

About SPDR S&P 400 Mid CapGrowth 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.