Redhawk Wealth Advisors Inc. Trims Holdings in SPDR S&P 400 Mid Cap Growth ETF $MDYG
by Danessa Lincoln · The Markets DailyRedhawk Wealth Advisors Inc. cut its holdings in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG – Free Report) by 15.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 35,743 shares of the company’s stock after selling 6,701 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $3,273,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in the business. Balefire LLC purchased a new position in SPDR S&P 400 Mid Cap Growth ETF in the 3rd quarter valued at $260,000. Corient Private Wealth LLC raised its holdings in SPDR S&P 400 Mid Cap Growth ETF by 2.3% during the second quarter. Corient Private Wealth LLC now owns 148,326 shares of the company’s stock worth $12,885,000 after purchasing an additional 3,279 shares in the last quarter. Valeo Financial Advisors LLC acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF in the second quarter valued at about $208,000. Osaic Holdings Inc. boosted its holdings in SPDR S&P 400 Mid Cap Growth ETF by 14.2% in the 2nd quarter. Osaic Holdings Inc. now owns 113,174 shares of the company’s stock valued at $9,749,000 after purchasing an additional 14,076 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new position in SPDR S&P 400 Mid Cap Growth ETF during the 2nd quarter worth approximately $235,000.
SPDR S&P 400 Mid Cap Growth ETF Price Performance
MDYG opened at $92.79 on Friday. The business has a 50 day simple moving average of $91.59 and a 200-day simple moving average of $89.90. The stock has a market capitalization of $2.43 billion, a P/E ratio of 22.35 and a beta of 1.08. SPDR S&P 400 Mid Cap Growth ETF has a 12 month low of $68.59 and a 12 month high of $95.35.
About SPDR S&P 400 Mid Cap Growth ETF
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.
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