Koss Olinger Consulting LLC Lowers Stock Position in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Koss Olinger Consulting LLC lessened its stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 29.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,925 shares of the company’s stock after selling 12,715 shares during the period. Koss Olinger Consulting LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $2,968,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Navigation Group LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the 1st quarter valued at $975,000. IMC Chicago LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the 1st quarter worth $926,000. Sigma Planning Corp grew its position in SPDR S&P 400 Mid Cap Growth ETF by 12.9% in the first quarter. Sigma Planning Corp now owns 3,845 shares of the company’s stock worth $369,000 after acquiring an additional 438 shares in the last quarter. Broadview Financial Management LLC grew its position in SPDR S&P 400 Mid Cap Growth ETF by 2.6% in the first quarter. Broadview Financial Management LLC now owns 16,312 shares of the company’s stock worth $1,565,000 after acquiring an additional 421 shares in the last quarter. Finally, Avantax Planning Partners Inc. increased its stake in SPDR S&P 400 Mid Cap Growth ETF by 11.6% in the first quarter. Avantax Planning Partners Inc. now owns 321,914 shares of the company’s stock valued at $30,891,000 after acquiring an additional 33,447 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

MDYG opened at $107.34 on Monday. The business’s fifty day simple moving average is $108.53 and its 200 day simple moving average is $102.45. SPDR S&P 400 Mid Cap Growth ETF has a 52 week low of $86.23 and a 52 week high of $112.17. The stock has a market cap of $2.81 billion, a PE 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.