Brookstone Capital Management Grows Holdings in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Brookstone Capital Management lifted its holdings in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 1.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,431 shares of the company’s stock after buying an additional 310 shares during the quarter. Brookstone Capital Management owned approximately 0.10% of SPDR S&P 400 Mid Cap Growth ETF worth $2,209,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mather Group LLC. purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the 1st quarter worth about $31,000. Rossby Financial LCC purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the 1st quarter worth about $32,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the 1st quarter worth about $34,000. Smartleaf Asset Management LLC grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 114.1% in the 1st quarter. Smartleaf Asset Management LLC now owns 441 shares of the company’s stock worth $35,000 after buying an additional 235 shares during the period. Finally, Compass Financial Services Inc bought a new position in SPDR S&P 400 Mid Cap Growth ETF in the 1st quarter worth about $57,000.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

Shares of SPDR S&P 400 Mid Cap Growth ETF stock opened at $92.84 on Friday. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of 22.35 and a beta of 1.09. The firm’s 50-day moving average is $91.24 and its 200 day moving average is $86.79. SPDR S&P 400 Mid Cap Growth ETF has a 1 year low of $68.59 and a 1 year high of $95.51.

SPDR S&P 400 Mid Cap Growth 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.