Investors Research Corp Reduces Holdings in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Investors Research Corp lessened its position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 27.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,509 shares of the company’s stock after selling 6,620 shares during the quarter. Investors Research Corp owned about 0.07% of SPDR S&P 400 Mid Cap Growth ETF worth $1,963,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 50.0% during the first quarter. KERR FINANCIAL PLANNING Corp now owns 342 shares of the company’s stock worth $34,000 after acquiring an additional 114 shares during the last quarter. Arax Advisory Partners purchased a new stake in SPDR S&P 400 Mid Cap Growth ETF in the 4th quarter valued at $51,000. JFS Wealth Advisors LLC raised its position in SPDR S&P 400 Mid Cap Growth ETF by 28.2% in the 2nd quarter. JFS Wealth Advisors LLC now owns 518 shares of the company’s stock valued at $58,000 after purchasing an additional 114 shares during the last quarter. Financial Life Planners acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF during the 1st quarter worth $62,000. Finally, Turtle Creek Wealth Advisors LLC acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF during the 1st quarter worth $73,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

NYSEARCA MDYG opened at $111.99 on Wednesday. The firm has a market cap of $2.95 billion, a PE ratio of 22.35 and a beta of 1.05. SPDR S&P 400 Mid Cap Growth ETF has a one year low of $87.09 and a one year high of $112.77. The firm’s fifty day moving average is $109.10 and its two-hundred day moving average is $103.93.

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.