Private Advisor Group LLC Acquires 122,989 Shares of SPDR S&P 400 Mid Cap Growth ETF $MDYG

Private Advisor Group LLC boosted its holdings in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 40.6% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 425,586 shares of the company’s stock after acquiring an additional 122,989 shares during the quarter. Private Advisor Group LLC owned 1.65% of SPDR S&P 400 Mid Cap Growth ETF worth $40,839,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MDYG. UNIVEST FINANCIAL Corp raised its position in SPDR S&P 400 Mid Cap Growth ETF by 1,102.7% during the fourth quarter. UNIVEST FINANCIAL Corp now owns 320,940 shares of the company’s stock valued at $29,665,000 after purchasing an additional 294,255 shares in the last quarter. AE Wealth Management LLC raised its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 26.1% during the fourth quarter. AE Wealth Management LLC now owns 1,084,310 shares of the company’s stock worth $100,223,000 after acquiring an additional 224,654 shares in the last quarter. WCG Wealth Advisors LLC raised its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 257.6% during the fourth quarter. WCG Wealth Advisors LLC now owns 276,185 shares of the company’s stock worth $25,528,000 after acquiring an additional 198,955 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 104.5% during the 2nd quarter. Corient Private Wealth LLC now owns 296,652 shares of the company’s stock valued at $25,771,000 after purchasing an additional 151,605 shares during the last quarter. Finally, Morgan Stanley lifted its stake in SPDR S&P 400 Mid Cap Growth ETF by 13.8% in the fourth quarter. Morgan Stanley now owns 767,912 shares of the company’s stock worth $70,978,000 after purchasing an additional 92,943 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Stock Down 0.8%

NYSEARCA MDYG opened at $109.87 on Friday. The company has a 50-day simple moving average of $107.70 and a two-hundred day simple moving average of $101.30. SPDR S&P 400 Mid Cap Growth ETF has a 12-month low of $86.23 and a 12-month high of $112.17. The firm has a market cap of $2.87 billion, a price-to-earnings ratio of 22.35 and a beta of 1.05.

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.