SPDR S&P 400 Mid Cap Growth ETF $MDYG Shares Newly Acquired by ERn Financial LLC

ERn Financial LLC purchased a new stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the third quarter, Holdings Channel.com reports. The firm purchased 92,332 shares of the company’s stock, valued at approximately $9,651,000. SPDR S&P 400 Mid Cap Growth ETF accounts for about 1.6% of ERn Financial LLC’s investment portfolio, making the stock its 20th largest holding.

A number of other hedge funds have also recently bought and sold shares of the business. NorthRock Partners LLC increased its holdings in SPDR S&P 400 Mid Cap Growth ETF by 6.5% during the 2nd 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 during the last quarter. FAS Wealth Partners Inc. raised its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 2.1% in the 1st quarter. FAS Wealth Partners Inc. now owns 507,678 shares of the company’s stock valued at $48,717,000 after purchasing an additional 10,447 shares in the last quarter. Private Advisor Group LLC raised its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 40.6% in the 1st 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 in the last quarter. Avantax Planning Partners Inc. boosted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 11.6% during the 1st quarter. Avantax Planning Partners Inc. now owns 321,914 shares of the company’s stock valued at $30,891,000 after buying an additional 33,447 shares during the last quarter. Finally, Convergence Financial LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter valued at approximately $22,484,000.

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

MDYG stock opened at $104.90 on Friday. SPDR S&P 400 Mid Cap Growth ETF has a twelve month low of $87.09 and a twelve month high of $113.93. The company has a market capitalization of $2.85 billion, a P/E ratio of 22.35 and a beta of 1.06. The firm has a 50 day simple moving average of $106.00 and a 200-day simple moving average of $104.48.

About SPDR S&P 400 Mid Cap Growth ETF

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.