SPDR S&P 400 Mid Cap Growth ETF $MDYG Shares Sold by Western Wealth Management LLC

Western Wealth Management LLC lessened its stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 38.0% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 10,130 shares of the company’s stock after selling 6,201 shares during the quarter. Western Wealth Management LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $972,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. AE Wealth Management LLC lifted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 26.1% in the 4th 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 during the period. Morgan Stanley increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 13.8% during the fourth quarter. Morgan Stanley now owns 767,912 shares of the company’s stock valued at $70,978,000 after acquiring an additional 92,943 shares during the period. FAS Wealth Partners Inc. increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 2.1% during the first quarter. FAS Wealth Partners Inc. now owns 507,678 shares of the company’s stock valued at $48,717,000 after acquiring an additional 10,447 shares during the period. Raymond James Financial Inc. raised its holdings in SPDR S&P 400 Mid Cap Growth ETF by 7.3% during the third quarter. Raymond James Financial Inc. now owns 425,874 shares of the company’s stock worth $38,993,000 after purchasing an additional 28,794 shares in the last quarter. Finally, Private Advisor Group LLC raised its holdings in SPDR S&P 400 Mid Cap Growth ETF by 40.6% during the first quarter. Private Advisor Group LLC now owns 425,586 shares of the company’s stock worth $40,839,000 after purchasing an additional 122,989 shares in the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

MDYG opened at $113.15 on Friday. The business has a 50 day moving average price of $109.22 and a two-hundred day moving average price of $104.14. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of 22.35 and a beta of 1.05. SPDR S&P 400 Mid Cap Growth ETF has a 1-year low of $87.09 and a 1-year high of $113.41.

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.