LexAurum Advisors LLC Purchases 9,419 Shares of SPDR S&P 400 Mid Cap Growth ETF $MDYG

LexAurum Advisors LLC acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 9,419 shares of the company’s stock, valued at approximately $985,000.

Other institutional investors have also modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter worth about $25,000. KERR FINANCIAL PLANNING Corp boosted its holdings in SPDR S&P 400 Mid Cap Growth ETF by 50.0% during the 1st quarter. KERR FINANCIAL PLANNING Corp now owns 342 shares of the company’s stock valued at $34,000 after acquiring an additional 114 shares during the period. JFS Wealth Advisors LLC grew its position in SPDR S&P 400 Mid Cap Growth ETF by 28.2% in the 2nd quarter. JFS Wealth Advisors LLC now owns 518 shares of the company’s stock valued at $58,000 after acquiring an additional 114 shares in the last quarter. Financial Life Planners acquired a new position in SPDR S&P 400 Mid Cap Growth ETF in the 1st quarter valued at about $62,000. Finally, Horizons Wealth Management acquired a new position in SPDR S&P 400 Mid Cap Growth ETF in the 3rd quarter valued at about $68,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Up 0.4%

NYSEARCA:MDYG traded up $0.40 on Monday, reaching $103.48. 25,236 shares of the company’s stock were exchanged, compared to its average volume of 90,492. The firm has a market capitalization of $2.78 billion, a price-to-earnings ratio of 22.35 and a beta of 1.06. The business has a fifty day moving average of $107.51 and a 200-day moving average of $106.96. 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.