New England Capital Financial Advisors LLC Has $767,000 Stock Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

New England Capital Financial Advisors LLC grew its holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 10.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 8,829 shares of the company’s stock after purchasing an additional 806 shares during the quarter. SPDR S&P 400 Mid CapGrowth ETF makes up 0.4% of New England Capital Financial Advisors LLC’s investment portfolio, making the stock its 23rd largest position. New England Capital Financial Advisors LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $767,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of MDYG. Centricity Wealth Management LLC bought a new stake in SPDR S&P 400 Mid CapGrowth ETF in the fourth quarter worth $26,000. Parcion Private Wealth LLC lifted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 0.9% in the fourth quarter. Parcion Private Wealth LLC now owns 832,560 shares of the company’s stock worth $72,341,000 after buying an additional 7,177 shares during the last quarter. Global Retirement Partners LLC lifted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 35.1% in the fourth quarter. Global Retirement Partners LLC now owns 9,822 shares of the company’s stock worth $853,000 after buying an additional 2,552 shares during the last quarter. J.W. Cole Advisors Inc. boosted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 24.0% during the 4th quarter. J.W. Cole Advisors Inc. now owns 13,629 shares of the company’s stock worth $1,184,000 after acquiring an additional 2,637 shares in the last quarter. Finally, Principal Securities Inc. increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 41.6% during the 4th quarter. Principal Securities Inc. now owns 43,811 shares of the company’s stock valued at $3,807,000 after acquiring an additional 12,876 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

MDYG opened at $85.49 on Friday. The firm has a market cap of $2.72 billion, a P/E ratio of 21.87 and a beta of 1.11. The business has a 50 day moving average price of $89.03 and a 200 day moving average price of $88.56. SPDR S&P 400 Mid CapGrowth ETF has a twelve month low of $79.12 and a twelve month 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.