Kingswood Wealth Advisors LLC Acquires 38,926 Shares of SPDR S&P 400 Mid Cap Growth ETF $MDYG

Kingswood Wealth Advisors LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 38,926 shares of the company’s stock, valued at approximately $4,069,000.

A number of other hedge funds have also recently modified their holdings of the business. DHJJ Financial Advisors Ltd. bought a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the 3rd quarter worth about $138,000. Gibbs Wealth Management lifted its position in SPDR S&P 400 Mid Cap Growth ETF by 9.3% during the 3rd quarter. Gibbs Wealth Management now owns 8,861 shares of the company’s stock valued at $926,000 after acquiring an additional 757 shares during the period. Beaumont Financial Advisors LLC bought a new stake in SPDR S&P 400 Mid Cap Growth ETF during the third quarter worth about $258,000. Denver PWM LLC bought a new stake in SPDR S&P 400 Mid Cap Growth ETF during the third quarter worth about $295,000. Finally, Brookstone Capital Management bought a new stake in SPDR S&P 400 Mid Cap Growth ETF during the third quarter worth about $2,543,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

Shares of MDYG opened at $102.88 on Tuesday. The stock has a market cap of $2.77 billion, a PE ratio of 22.35 and a beta of 1.06. SPDR S&P 400 Mid Cap Growth ETF has a fifty-two week low of $87.09 and a fifty-two week high of $113.93. The firm’s 50-day simple moving average is $106.68 and its two-hundred day simple moving average is $104.33.

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.