NorthRock Partners LLC Lowers Stock Holdings in SPDR S&P 400 Mid Cap Growth ETF $MDYG

NorthRock Partners LLC lowered its stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 1.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,057,787 shares of the company’s stock after selling 11,925 shares during the quarter. SPDR S&P 400 Mid Cap Growth ETF makes up 1.7% of NorthRock Partners LLC’s portfolio, making the stock its 13th biggest position. NorthRock Partners LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $96,851,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Comerica Bank raised its stake in SPDR S&P 400 Mid Cap Growth ETF by 5.3% during the third quarter. Comerica Bank now owns 17,962 shares of the company’s stock valued at $1,645,000 after buying an additional 898 shares during the last quarter. Sage Financial Group Inc. increased its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 2.2% during the third quarter. Sage Financial Group Inc. now owns 18,865 shares of the company’s stock valued at $1,727,000 after acquiring an additional 406 shares in the last quarter. Pathstone Holdings LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 1.9% during the third quarter. Pathstone Holdings LLC now owns 70,964 shares of the company’s stock valued at $6,497,000 after acquiring an additional 1,356 shares in the last quarter. SFG Wealth Management LLC. raised its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 7.9% in the 3rd quarter. SFG Wealth Management LLC. now owns 147,449 shares of the company’s stock worth $13,500,000 after purchasing an additional 10,795 shares during the last quarter. Finally, Vise Technologies Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the 3rd quarter worth about $563,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

Shares of MDYG stock opened at $95.31 on Friday. The company has a market capitalization of $2.47 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 $103.24. The company’s 50-day moving average is $98.65 and its 200 day moving average is $94.23.

About SPDR S&P 400 Mid Cap Growth 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. 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.