SPDR S&P 400 Mid Cap Growth ETF $MDYG Shares Sold by KWB Wealth
by Sarita Garza · The Markets DailyKWB Wealth reduced its holdings in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG – Free Report) by 97.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,858 shares of the company’s stock after selling 147,927 shares during the quarter. KWB Wealth’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $335,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Smartleaf Asset Management LLC lifted its holdings in SPDR S&P 400 Mid Cap Growth ETF by 114.1% in the first quarter. Smartleaf Asset Management LLC now owns 441 shares of the company’s stock valued at $35,000 after acquiring an additional 235 shares during the period. Compass Financial Services Inc acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the 1st quarter worth $57,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 80.7% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 853 shares of the company’s stock valued at $74,000 after purchasing an additional 381 shares in the last quarter. Briaud Financial Planning Inc purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the 2nd quarter valued at about $75,000. Finally, Somerset Trust Co acquired a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the second quarter valued at about $201,000.
SPDR S&P 400 Mid Cap Growth ETF Trading Down 0.8%
MDYG stock opened at $92.13 on Thursday. The company’s 50-day moving average price is $91.56 and its 200 day moving average price is $89.88. SPDR S&P 400 Mid Cap Growth ETF has a 52 week low of $68.59 and a 52 week high of $95.35. The company has a market cap of $2.41 billion, a P/E ratio of 22.35 and a beta of 1.08.
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.
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