SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) is GHP Investment Advisors Inc.’s 4th Largest Position

GHP Investment Advisors Inc. boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 3.1% during the 4th quarter, HoldingsChannel reports. The firm owned 290,957 shares of the company’s stock after buying an additional 8,755 shares during the quarter. SPDR S&P 400 Mid CapGrowth ETF accounts for 1.2% of GHP Investment Advisors Inc.’s investment portfolio, making the stock its 4th biggest holding. GHP Investment Advisors Inc.’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $25,281,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of MDYG. Citigroup Inc. increased its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 1.4% in the third quarter. Citigroup Inc. now owns 2,437,057 shares of the company’s stock worth $213,827,000 after acquiring an additional 34,717 shares during the last quarter. LPL Financial LLC increased its position in SPDR S&P 400 Mid CapGrowth ETF by 2.9% in the 3rd quarter. LPL Financial LLC now owns 1,734,389 shares of the company’s stock worth $152,175,000 after purchasing an additional 49,227 shares during the last quarter. Stifel Financial Corp increased its holdings in SPDR S&P 400 Mid CapGrowth ETF by 146.2% in the third quarter. Stifel Financial Corp now owns 1,197,620 shares of the company’s stock worth $105,079,000 after buying an additional 711,253 shares during the last quarter. Benjamin Edwards Inc. increased its holdings in SPDR S&P 400 Mid CapGrowth ETF by 6,605.5% in the third quarter. Benjamin Edwards Inc. now owns 992,944 shares of the company’s stock worth $87,122,000 after buying an additional 978,136 shares during the last quarter. Finally, Parcion Private Wealth LLC increased its holdings in SPDR S&P 400 Mid CapGrowth ETF by 30.8% in the third quarter. Parcion Private Wealth LLC now owns 825,383 shares of the company’s stock worth $72,419,000 after buying an additional 194,413 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

NYSEARCA:MDYG opened at $90.64 on Thursday. The stock’s 50 day moving average price is $90.15 and its 200 day moving average price is $88.25. SPDR S&P 400 Mid CapGrowth ETF has a 52 week low of $76.19 and a 52 week high of $95.51. The company has a market capitalization of $3.21 billion, a P/E ratio of 18.50 and a beta of 1.09.

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.