SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) Stock Holdings Decreased by Merit Financial Group LLC

Merit Financial Group LLC lowered its position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 36.3% during the fourth quarter, Holdings Channel reports. The fund owned 9,906 shares of the company’s stock after selling 5,650 shares during the quarter. Merit Financial Group LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $750,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Parcion Private Wealth LLC increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 73.0% in the 4th quarter. Parcion Private Wealth LLC now owns 1,018,828 shares of the company’s stock valued at $77,095,000 after purchasing an additional 429,985 shares during the period. Financial Engines Advisors L.L.C. increased its stake in SPDR S&P 400 Mid CapGrowth ETF by 11.9% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 1,836,885 shares of the company’s stock valued at $127,002,000 after buying an additional 194,898 shares during the period. TIAA Trust National Association purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter worth approximately $11,941,000. International Assets Investment Management LLC boosted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 7,466.6% during the 4th quarter. International Assets Investment Management LLC now owns 175,016 shares of the company’s stock valued at $13,243,000 after buying an additional 172,703 shares during the period. Finally, LPL Financial LLC boosted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 10.1% during the 3rd 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 period.

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

MDYG opened at $85.44 on Tuesday. The stock has a fifty day moving average price of $84.27 and a 200 day moving average price of $77.23. SPDR S&P 400 Mid CapGrowth ETF has a 1 year low of $64.67 and a 1 year high of $87.69. The stock has a market cap of $3.02 billion, a price-to-earnings ratio of 17.93 and a beta of 1.07.

SPDR S&P 400 Mid CapGrowth ETF Company 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.