Lewis Asset Management LLC Lowers Stock Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Lewis Asset Management LLC cut its stake in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 2.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,611 shares of the company’s stock after selling 369 shares during the period. SPDR S&P 400 Mid CapGrowth ETF makes up 0.8% of Lewis Asset Management LLC’s investment portfolio, making the stock its 27th biggest holding. Lewis Asset Management LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $1,106,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Confluence Investment Management LLC lifted its position in 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 purchasing an additional 304,355 shares during the period. Portside Wealth Group LLC grew its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.9% during the 3rd quarter. Portside Wealth Group LLC now owns 9,922 shares of the company’s stock worth $871,000 after purchasing an additional 283 shares during the period. Flagship Private Wealth LLC purchased a new position in SPDR S&P 400 Mid CapGrowth ETF in the third quarter valued at about $276,000. Oak Root LLC boosted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 1.6% during the 3rd quarter. Oak Root LLC now owns 30,360 shares of the company’s stock worth $2,664,000 after acquiring an additional 485 shares in the last quarter. Finally, Cary Street Partners Asset Management LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter worth approximately $11,010,000.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

Shares of MDYG stock opened at $91.89 on Friday. The stock has a fifty day moving average price of $87.08 and a 200 day moving average price of $85.61. The stock has a market cap of $3.26 billion, a PE ratio of 18.50 and a beta of 1.09. SPDR S&P 400 Mid CapGrowth ETF has a 1 year low of $66.82 and a 1 year high of $92.38.

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.