SPDR S&P 400 Mid Cap Growth ETF $MDYG Stake Lifted by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. lifted its position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 2.6% in the 3rd quarter, Holdings Channel reports. The fund owned 316,064 shares of the company’s stock after acquiring an additional 7,952 shares during the quarter. SPDR S&P 400 Mid Cap Growth ETF accounts for 1.2% of GHP Investment Advisors Inc.’s holdings, making the stock its 9th biggest holding. GHP Investment Advisors Inc.’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $28,939,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in MDYG. Valmark Advisers Inc. bought a new stake in SPDR S&P 400 Mid Cap Growth ETF in the third quarter worth $553,000. Benjamin Edwards Inc. increased its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 23.3% during the third quarter. Benjamin Edwards Inc. now owns 605,203 shares of the company’s stock valued at $55,413,000 after acquiring an additional 114,306 shares in the last quarter. Centennial Wealth Advisory LLC raised its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 36.7% in the 3rd quarter. Centennial Wealth Advisory LLC now owns 25,779 shares of the company’s stock worth $2,360,000 after purchasing an additional 6,926 shares during the last quarter. XY Planning Network Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the 2nd quarter worth about $780,000. Finally, Norden Group LLC boosted its stake in SPDR S&P 400 Mid Cap Growth ETF by 36.9% in the 2nd quarter. Norden Group LLC now owns 5,191 shares of the company’s stock worth $451,000 after purchasing an additional 1,400 shares in the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

Shares of MDYG stock opened at $98.03 on Friday. The company’s 50-day moving average is $93.99 and its 200 day moving average is $91.73. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of 22.35 and a beta of 1.08. SPDR S&P 400 Mid Cap Growth ETF has a one year low of $68.59 and a one year high of $99.97.

SPDR S&P 400 Mid Cap Growth 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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations between $850 million and $3.8 billion.