SFG Wealth Management LLC. Acquires 11,604 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

SFG Wealth Management LLC. raised its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 10.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 124,723 shares of the company’s stock after acquiring an additional 11,604 shares during the period. SPDR S&P 400 Mid CapGrowth ETF accounts for about 5.7% of SFG Wealth Management LLC.’s investment portfolio, making the stock its 3rd biggest holding. SFG Wealth Management LLC. owned about 0.35% of SPDR S&P 400 Mid CapGrowth ETF worth $10,837,000 as of its most recent filing with the Securities & Exchange Commission.

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

SPDR S&P 400 Mid CapGrowth ETF Stock Up 0.5 %

Shares of MDYG stock opened at $90.52 on Monday. The stock has a 50-day simple moving average of $90.42 and a 200 day simple moving average of $87.81. The stock has a market capitalization of $3.21 billion, a P/E ratio of 18.50 and a beta of 1.09. SPDR S&P 400 Mid CapGrowth ETF has a fifty-two week low of $73.94 and a fifty-two week high of $95.51.

SPDR S&P 400 Mid CapGrowth ETF Company 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.