Financial Network Wealth Advisors LLC Acquires 5,544 Shares of SPDR S&P 400 Mid Cap Growth ETF $MDYG

Financial Network Wealth Advisors LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 5,544 shares of the company’s stock, valued at approximately $580,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. NorthRock Partners LLC grew its stake in SPDR S&P 400 Mid Cap Growth ETF by 6.5% in the second quarter. NorthRock Partners LLC now owns 1,153,617 shares of the company’s stock worth $129,309,000 after purchasing an additional 70,276 shares in the last quarter. Kinetic Wealth Investment Advisors LLC bought a new stake in SPDR S&P 400 Mid Cap Growth ETF in the second quarter valued at about $958,000. New England Capital Financial Advisors LLC increased its holdings in SPDR S&P 400 Mid Cap Growth ETF by 35.3% in the first quarter. New England Capital Financial Advisors LLC now owns 18,079 shares of the company’s stock valued at $1,735,000 after buying an additional 4,721 shares during the last quarter. IMC Chicago LLC acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF during the first quarter valued at approximately $926,000. Finally, Fifth Third Bancorp raised its stake in SPDR S&P 400 Mid Cap Growth ETF by 39,225.0% during the first quarter. Fifth Third Bancorp now owns 12,584 shares of the company’s stock valued at $1,208,000 after buying an additional 12,552 shares in the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Stock Up 0.9%

NYSEARCA:MDYG opened at $104.90 on Friday. The business’s 50 day moving average is $106.00 and its two-hundred day moving average is $104.48. SPDR S&P 400 Mid Cap Growth ETF has a 52 week low of $87.09 and a 52 week high of $113.93. The company has a market cap of $2.85 billion, a PE 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.