Motive Wealth Advisors Has $282,000 Position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Motive Wealth Advisors lessened its position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 11.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,251 shares of the company’s stock after selling 420 shares during the quarter. Motive Wealth Advisors’ holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $282,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of MDYG. Avior Wealth Management LLC grew its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 7.0% during the 4th quarter. Avior Wealth Management LLC now owns 17,282 shares of the company’s stock worth $1,502,000 after acquiring an additional 1,133 shares in the last quarter. Bill Few Associates Inc. grew its position in SPDR S&P 400 Mid CapGrowth ETF by 37.7% in the fourth quarter. Bill Few Associates Inc. now owns 11,154 shares of the company’s stock valued at $969,000 after purchasing an additional 3,054 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in SPDR S&P 400 Mid CapGrowth ETF by 55.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 6,117 shares of the company’s stock valued at $532,000 after buying an additional 2,179 shares during the last quarter. Atomi Financial Group Inc. bought a new stake in SPDR S&P 400 Mid CapGrowth ETF during the 4th quarter worth about $393,000. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 189.2% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 535 shares of the company’s stock worth $46,000 after buying an additional 350 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

NYSEARCA:MDYG opened at $92.05 on Friday. The stock’s 50-day simple moving average is $90.38 and its 200 day simple moving average is $87.95. The company has a market cap of $3.26 billion, a P/E ratio of 18.50 and a beta of 1.09. SPDR S&P 400 Mid CapGrowth ETF has a 52-week low of $75.28 and a 52-week high of $95.51.

SPDR S&P 400 Mid CapGrowth 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.