NorthRock Partners LLC raised its position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG – Free Report) by 6.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,153,617 shares of the company’s stock after acquiring an additional 70,276 shares during the quarter. SPDR S&P 400 Mid Cap Growth ETF makes up approximately 1.9% of NorthRock Partners LLC’s portfolio, making the stock its 13th biggest position. NorthRock Partners LLC owned 4.39% of SPDR S&P 400 Mid Cap Growth ETF worth $129,309,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Integrated Wealth Concepts LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the second quarter valued at approximately $320,000. XY Planning Network Inc. increased its stake in SPDR S&P 400 Mid Cap Growth ETF by 8.5% during the 2nd quarter. XY Planning Network Inc. now owns 9,743 shares of the company’s stock worth $1,092,000 after buying an additional 760 shares during the period. Kinetic Wealth Investment Advisors LLC purchased a new stake in SPDR S&P 400 Mid Cap Growth ETF during the 2nd quarter worth approximately $958,000. Tucker Asset Management LLC lifted its holdings in SPDR S&P 400 Mid Cap Growth ETF by 88.8% during the 2nd quarter. Tucker Asset Management LLC now owns 3,492 shares of the company’s stock worth $391,000 after buying an additional 1,642 shares in the last quarter. Finally, HORAN Wealth LLC acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF during the 2nd quarter worth approximately $213,000.
SPDR S&P 400 Mid Cap Growth ETF Stock Down 0.4%
Shares of MDYG stock opened at $107.84 on Wednesday. The firm has a 50 day moving average of $109.21 and a two-hundred day moving average of $105.53. The stock has a market capitalization of $2.84 billion, a PE ratio of 22.35 and a beta of 1.05. SPDR S&P 400 Mid Cap Growth ETF has a 52 week low of $87.09 and a 52 week high of $113.93.
SPDR S&P 400 Mid Cap Growth ETF 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.
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