SPDR S&P 400 Mid Cap Growth ETF $MDYG Shares Acquired by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 17.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,082 shares of the company’s stock after purchasing an additional 6,339 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $3,890,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in MDYG. Corient Private Wealth LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 104.5% during the 2nd quarter. Corient Private Wealth LLC now owns 296,652 shares of the company’s stock worth $25,771,000 after purchasing an additional 151,605 shares during the last quarter. AE Wealth Management LLC raised its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 16.2% in the third quarter. AE Wealth Management LLC now owns 859,656 shares of the company’s stock valued at $78,710,000 after buying an additional 119,911 shares during the last quarter. Benjamin Edwards Inc. raised its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 23.3% in the third quarter. Benjamin Edwards Inc. now owns 605,203 shares of the company’s stock valued at $55,413,000 after buying an additional 114,306 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 15.1% during the second quarter. Raymond James Financial Inc. now owns 397,080 shares of the company’s stock valued at $34,494,000 after buying an additional 52,106 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 23.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 237,040 shares of the company’s stock valued at $20,592,000 after buying an additional 44,517 shares during the period.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

Shares of NYSEARCA MDYG opened at $94.00 on Friday. The firm has a market cap of $2.43 billion, a P/E ratio of 22.35 and a beta of 1.08. SPDR S&P 400 Mid Cap Growth ETF has a 1 year low of $68.59 and a 1 year high of $103.24. The firm’s 50 day moving average price is $98.49 and its 200 day moving average price is $94.60.

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.