SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) Short Interest Update

SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 140,964 shares, a growth of 272.8% from the May 31st total of 37,814 shares. Based on an average daily trading volume, of 76,282 shares, the short-interest ratio is presently 1.8 days. Approximately 0.5% of the shares of the stock are sold short.

Institutional Investors Weigh In On SPDR S&P 400 Mid Cap Growth ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. UNIVEST FINANCIAL Corp lifted its position in SPDR S&P 400 Mid Cap Growth ETF by 1,102.7% in the 4th quarter. UNIVEST FINANCIAL Corp now owns 320,940 shares of the company’s stock worth $29,665,000 after buying an additional 294,255 shares in the last quarter. AE Wealth Management LLC boosted its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 26.1% in the fourth quarter. AE Wealth Management LLC now owns 1,084,310 shares of the company’s stock valued at $100,223,000 after acquiring an additional 224,654 shares during the period. WCG Wealth Advisors LLC grew its position in SPDR S&P 400 Mid Cap Growth ETF by 257.6% in the 4th quarter. WCG Wealth Advisors LLC now owns 276,185 shares of the company’s stock worth $25,528,000 after purchasing an additional 198,955 shares during the last quarter. Corient Private Wealth LLC increased its stake in SPDR S&P 400 Mid Cap Growth ETF by 104.5% during the second quarter. Corient Private Wealth LLC now owns 296,652 shares of the company’s stock valued at $25,771,000 after acquiring an additional 151,605 shares during the period. Finally, Private Advisor Group LLC increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 40.6% during the first quarter. Private Advisor Group LLC now owns 425,586 shares of the company’s stock valued at $40,839,000 after purchasing an additional 122,989 shares during the period.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

Shares of SPDR S&P 400 Mid Cap Growth ETF stock traded down $0.68 during trading on Friday, hitting $110.01. The stock had a trading volume of 163,147 shares, compared to its average volume of 92,190. The business has a fifty day moving average of $107.18 and a two-hundred day moving average of $100.83. SPDR S&P 400 Mid Cap Growth ETF has a fifty-two week low of $86.20 and a fifty-two week high of $111.74. The firm has a market cap of $2.85 billion, a P/E ratio of 22.35 and a beta of 1.06.

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.