Florida Financial Advisors LLC Buys 3,270 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Florida Financial Advisors LLC lifted its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 32.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,323 shares of the company’s stock after purchasing an additional 3,270 shares during the quarter. Florida Financial Advisors LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $1,158,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of MDYG. Private Trust Co. NA lifted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 6.4% during the 4th quarter. Private Trust Co. NA now owns 2,065 shares of the company’s stock valued at $179,000 after buying an additional 125 shares in the last quarter. Willner & Heller LLC increased its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.0% during the fourth quarter. Willner & Heller LLC now owns 7,853 shares of the company’s stock worth $682,000 after acquiring an additional 152 shares during the period. Nwam LLC raised its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.6% during the fourth quarter. Nwam LLC now owns 7,218 shares of the company’s stock valued at $627,000 after acquiring an additional 185 shares in the last quarter. Cape Investment Advisory Inc. boosted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 198.1% in the fourth quarter. Cape Investment Advisory Inc. now owns 310 shares of the company’s stock valued at $27,000 after purchasing an additional 206 shares during the period. Finally, Capital Investment Advisory Services LLC grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 110.1% in the fourth quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock worth $36,000 after purchasing an additional 219 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Up 2.8 %

MDYG opened at $82.85 on Tuesday. The stock’s fifty day moving average is $86.48 and its two-hundred day moving average is $88.12. The company has a market capitalization of $2.62 billion, a P/E ratio of 21.05 and a beta of 1.12. SPDR S&P 400 Mid CapGrowth ETF has a 52 week low of $77.49 and a 52 week high of $95.51.

SPDR S&P 400 Mid CapGrowth ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be paid a dividend of $0.1481 per share. The ex-dividend date of this dividend is Monday, March 24th.

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.