Avestar Capital LLC Sells 674 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Avestar Capital LLC cut its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 5.5% in the third quarter, Holdings Channel.com reports. The firm owned 11,589 shares of the company’s stock after selling 674 shares during the period. Avestar Capital LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $1,017,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of MDYG. B. Riley Wealth Advisors Inc. grew its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 12.1% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 5,212 shares of the company’s stock worth $455,000 after purchasing an additional 561 shares in the last quarter. Atria Investments Inc increased its holdings in SPDR S&P 400 Mid CapGrowth ETF by 16.2% in the 1st quarter. Atria Investments Inc now owns 31,495 shares of the company’s stock valued at $2,749,000 after buying an additional 4,402 shares during the period. Cetera Investment Advisers raised its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 285.0% in the 1st quarter. Cetera Investment Advisers now owns 193,820 shares of the company’s stock valued at $16,919,000 after buying an additional 143,482 shares in the last quarter. Cetera Advisors LLC lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 522.1% during the 1st quarter. Cetera Advisors LLC now owns 45,690 shares of the company’s stock worth $3,988,000 after acquiring an additional 38,346 shares during the period. Finally, Mosaic Family Wealth Partners LLC boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 12.5% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 3,442 shares of the company’s stock valued at $300,000 after acquiring an additional 382 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Down 0.4 %

NYSEARCA MDYG opened at $94.52 on Wednesday. The stock has a market cap of $3.35 billion, a P/E ratio of 18.50 and a beta of 1.09. SPDR S&P 400 Mid CapGrowth ETF has a twelve month low of $69.97 and a twelve month high of $95.51. The company’s 50-day simple moving average is $89.07 and its 200 day simple moving average is $86.41.

SPDR S&P 400 Mid CapGrowth ETF Company 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.