92,332 Shares of SPDR S&P 400 Mid Cap Growth ETF $MDYG Acquired by ERn Financial LLC

ERn Financial LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 92,332 shares of the company’s stock, valued at approximately $9,651,000. SPDR S&P 400 Mid Cap Growth ETF makes up approximately 1.6% of ERn Financial LLC’s portfolio, making the stock its 20th largest position. ERn Financial LLC owned approximately 0.34% of SPDR S&P 400 Mid Cap Growth ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MDYG. Choreo LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the third quarter valued at approximately $448,000. Willner & Heller LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the third quarter valued at $696,000. Sterling Financial Planning Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the third quarter valued at $261,000. Financial Network Wealth Advisors LLC acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter valued at $580,000. Finally, Heritage Wealth Management Inc. CA acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter valued at $3,379,000.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

SPDR S&P 400 Mid Cap Growth ETF stock opened at $104.90 on Friday. SPDR S&P 400 Mid Cap Growth ETF has a 12-month low of $87.09 and a 12-month high of $113.93. The company has a market capitalization of $2.85 billion, a price-to-earnings ratio of 22.35 and a beta of 1.06. The firm’s fifty day moving average price is $106.00 and its 200 day moving average price is $104.48.

SPDR S&P 400 Mid Cap Growth 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. 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.