Chartist Inc. CA Takes $472,000 Position in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Chartist Inc. CA bought a new position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 5,159 shares of the company’s stock, valued at approximately $472,000. SPDR S&P 400 Mid Cap Growth ETF comprises 0.6% of Chartist Inc. CA’s portfolio, making the stock its 11th largest position.

A number of other hedge funds also recently bought and sold shares of MDYG. JDM Financial Group LLC bought a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the third quarter worth about $25,000. Caitlin John LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter worth about $28,000. Hantz Financial Services Inc. boosted its stake in SPDR S&P 400 Mid Cap Growth ETF by 760.5% during the 3rd quarter. Hantz Financial Services Inc. now owns 327 shares of the company’s stock valued at $30,000 after purchasing an additional 289 shares during the period. Atwood & Palmer Inc. bought a new stake in SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter valued at approximately $49,000. Finally, Financial Life Planners acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF in the 3rd quarter valued at approximately $59,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Up 0.9%

Shares of NYSEARCA MDYG opened at $97.21 on Wednesday. SPDR S&P 400 Mid Cap Growth ETF has a 12 month low of $68.59 and a 12 month high of $103.24. The company has a market cap of $2.52 billion, a P/E ratio of 22.35 and a beta of 1.08. The business’s 50 day moving average is $98.69 and its two-hundred day moving average is $94.36.

SPDR S&P 400 Mid Cap Growth 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. 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.