Wealth Watch Advisors INC Takes Position in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Wealth Watch Advisors INC bought a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 28,525 shares of the company’s stock, valued at approximately $2,478,000. SPDR S&P 400 Mid Cap Growth ETF makes up about 1.4% of Wealth Watch Advisors INC’s portfolio, making the stock its 16th largest position. Wealth Watch Advisors INC owned about 0.11% of SPDR S&P 400 Mid Cap Growth ETF as of its most recent SEC filing.

Several other large investors also recently modified their holdings of MDYG. Mather Group LLC. acquired a new position in SPDR S&P 400 Mid Cap Growth ETF in the first quarter worth about $31,000. Rossby Financial LCC acquired a new position in SPDR S&P 400 Mid Cap Growth ETF in the first quarter worth about $32,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in SPDR S&P 400 Mid Cap Growth ETF in the first quarter worth about $34,000. Smartleaf Asset Management LLC grew its stake in SPDR S&P 400 Mid Cap Growth ETF by 114.1% in the first quarter. Smartleaf Asset Management LLC now owns 441 shares of the company’s stock worth $35,000 after purchasing an additional 235 shares in the last quarter. Finally, Compass Financial Services Inc acquired a new position in SPDR S&P 400 Mid Cap Growth ETF in the first quarter worth about $57,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

NYSEARCA:MDYG opened at $92.84 on Monday. The company has a market capitalization of $2.41 billion, a price-to-earnings ratio of 22.35 and a beta of 1.09. SPDR S&P 400 Mid Cap Growth ETF has a one year low of $68.59 and a one year high of $95.51. The stock has a 50-day simple moving average of $91.24 and a 200 day simple moving average of $86.97.

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.