SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) Shares Sold by IFP Advisors Inc

IFP Advisors Inc lowered its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 45.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,269 shares of the company’s stock after selling 3,508 shares during the period. IFP Advisors Inc’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $371,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of MDYG. Benjamin Edwards Inc. increased its holdings in shares of 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 valued at $87,122,000 after buying an additional 978,136 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of 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 valued at $105,079,000 after buying an additional 711,253 shares in the last quarter. Confluence Investment Management LLC increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 165.6% in the third quarter. Confluence Investment Management LLC now owns 488,176 shares of the company’s stock valued at $42,833,000 after buying an additional 304,355 shares in the last quarter. Segall Bryant & Hamill LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the third quarter valued at $14,579,000. Finally, Foundations Investment Advisors LLC increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 2,181.8% in the fourth quarter. Foundations Investment Advisors LLC now owns 133,530 shares of the company’s stock valued at $11,602,000 after buying an additional 127,678 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

NYSEARCA MDYG opened at $85.10 on Friday. The stock has a market capitalization of $2.71 billion, a P/E ratio of 21.87 and a beta of 1.11. SPDR S&P 400 Mid CapGrowth ETF has a 1 year low of $79.12 and a 1 year high of $95.51. The business’s fifty day moving average is $88.63 and its two-hundred day moving average is $88.64.

SPDR S&P 400 Mid CapGrowth 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.