Michael S. Ryan Inc. Buys 1,097 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Michael S. Ryan Inc. lifted its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 3.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,648 shares of the company’s stock after acquiring an additional 1,097 shares during the quarter. SPDR S&P 400 Mid CapGrowth ETF accounts for about 2.2% of Michael S. Ryan Inc.’s investment portfolio, making the stock its 14th largest holding. Michael S. Ryan Inc. owned 0.11% of SPDR S&P 400 Mid CapGrowth ETF worth $3,271,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in MDYG. Legacy Investment Solutions LLC purchased a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter valued at about $25,000. Darwin Wealth Management LLC purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF during the third quarter valued at approximately $27,000. Sound Income Strategies LLC bought a new position in SPDR S&P 400 Mid CapGrowth ETF in the third quarter worth approximately $28,000. Mattson Financial Services LLC purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the 2nd quarter worth $30,000. Finally, RPg Family Wealth Advisory LLC purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter worth $48,000.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

Shares of NYSEARCA:MDYG traded up $0.34 during midday trading on Wednesday, hitting $87.81. The company had a trading volume of 108,210 shares, compared to its average volume of 129,502. The company has a market cap of $3.11 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09. The company has a fifty day moving average of $90.53 and a two-hundred day moving average of $87.56. SPDR S&P 400 Mid CapGrowth ETF has a 12-month low of $73.49 and a 12-month high of $95.51.

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.