Mosley Wealth Management Buys New Stake in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Mosley Wealth Management bought a new stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the 3rd quarter, Holdings Channel.com reports. The fund bought 10,064 shares of the company’s stock, valued at approximately $1,055,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Private Advisor Group LLC lifted its stake in SPDR S&P 400 Mid Cap Growth ETF by 40.6% during the first quarter. Private Advisor Group LLC now owns 425,586 shares of the company’s stock worth $40,839,000 after purchasing an additional 122,989 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the third quarter worth $10,784,000. Marathon Mission Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the third quarter worth $8,859,000. Royal Bank of Canada boosted its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 100.6% during the first quarter. Royal Bank of Canada now owns 141,086 shares of the company’s stock worth $13,539,000 after buying an additional 70,755 shares during the period. Finally, NorthRock Partners LLC grew its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 6.5% in the second quarter. NorthRock Partners LLC now owns 1,153,617 shares of the company’s stock valued at $129,309,000 after buying an additional 70,276 shares in the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

Shares of NYSEARCA MDYG traded down $1.72 during trading on Friday, reaching $103.09. The stock had a trading volume of 104,372 shares, compared to its average volume of 90,828. The company has a market cap of $2.78 billion, a P/E ratio of 22.35 and a beta of 1.06. SPDR S&P 400 Mid Cap Growth ETF has a fifty-two week low of $87.09 and a fifty-two week high of $113.93. The business’s 50-day moving average price is $107.51 and its 200-day moving average price is $106.86.

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. 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.