Private Advisor Group LLC Sells 78,754 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Private Advisor Group LLC lowered its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 25.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 234,133 shares of the company’s stock after selling 78,754 shares during the quarter. Private Advisor Group LLC owned 0.66% of SPDR S&P 400 Mid CapGrowth ETF worth $20,344,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of MDYG. Legacy Investment Solutions LLC bought a new stake in SPDR S&P 400 Mid CapGrowth ETF in the third quarter valued at $25,000. Darwin Wealth Management LLC acquired a new position in SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter worth approximately $27,000. Capital Investment Advisory Services LLC boosted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 110.1% in the fourth quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock worth $36,000 after acquiring an additional 219 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 189.2% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 535 shares of the company’s stock valued at $46,000 after acquiring an additional 350 shares during the period. Finally, RPg Family Wealth Advisory LLC bought a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the third quarter valued at approximately $48,000.

SPDR S&P 400 Mid CapGrowth ETF Stock Down 0.8 %

Shares of MDYG opened at $89.24 on Thursday. The business’s fifty day moving average is $89.33 and its 200 day moving average is $88.48. SPDR S&P 400 Mid CapGrowth ETF has a 12-month low of $78.60 and a 12-month high of $95.51. The stock has a market cap of $2.84 billion, a P/E ratio of 21.87 and a beta of 1.11.

SPDR S&P 400 Mid CapGrowth 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.