Swmg LLC Purchases 8,287 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Swmg LLC boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 102.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,403 shares of the company’s stock after buying an additional 8,287 shares during the period. SPDR S&P 400 Mid CapGrowth ETF makes up about 0.6% of Swmg LLC’s portfolio, making the stock its 28th biggest holding. Swmg LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $1,502,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MDYG. Darwin Wealth Management LLC bought a new position in SPDR S&P 400 Mid CapGrowth ETF during the third quarter valued at approximately $27,000. Sound Income Strategies LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter valued at approximately $28,000. Mattson Financial Services LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the 2nd quarter valued at approximately $30,000. RPg Family Wealth Advisory LLC purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter valued at $48,000. Finally, Concord Wealth Partners lifted its position in SPDR S&P 400 Mid CapGrowth ETF by 22.0% in the third quarter. Concord Wealth Partners now owns 643 shares of the company’s stock worth $56,000 after buying an additional 116 shares during the last quarter.

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

MDYG stock opened at $94.33 on Thursday. SPDR S&P 400 Mid CapGrowth ETF has a twelve month low of $71.59 and a twelve month high of $95.51. The stock has a market capitalization of $3.34 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09. The firm’s fifty day simple moving average is $89.87 and its two-hundred day simple moving average is $86.74.

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.