Freedom Investment Management Inc. Sells 1,946 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Freedom Investment Management Inc. reduced its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 10.4% during the third quarter, Holdings Channel.com reports. The firm owned 16,840 shares of the company’s stock after selling 1,946 shares during the quarter. Freedom Investment Management Inc.’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $1,478,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Concord Wealth Partners increased its stake in SPDR S&P 400 Mid CapGrowth ETF by 22.0% in the 3rd quarter. Concord Wealth Partners now owns 643 shares of the company’s stock worth $56,000 after acquiring an additional 116 shares during the last quarter. Harbour Investments Inc. grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 3.5% in the second quarter. Harbour Investments Inc. now owns 3,551 shares of the company’s stock worth $299,000 after purchasing an additional 119 shares in the last quarter. Koshinski Asset Management Inc. increased its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 0.3% during the third quarter. Koshinski Asset Management Inc. now owns 36,690 shares of the company’s stock valued at $3,219,000 after buying an additional 122 shares during the period. John W. Brooker & Co. CPAs increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.0% in the 2nd quarter. John W. Brooker & Co. CPAs now owns 6,767 shares of the company’s stock valued at $569,000 after acquiring an additional 135 shares during the period. Finally, Sage Financial Group Inc. grew its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 0.8% in the 3rd quarter. Sage Financial Group Inc. now owns 21,711 shares of the company’s stock worth $1,905,000 after buying an additional 165 shares during the last quarter.

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

Shares of MDYG opened at $94.16 on Thursday. 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 has a 50 day moving average of $89.22 and a two-hundred day moving average of $86.47. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09.

About SPDR S&P 400 Mid CapGrowth 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.