Prime Capital Investment Advisors LLC Lowers Stock Holdings in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Prime Capital Investment Advisors LLC decreased its position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 80.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,813 shares of the company’s stock after selling 11,401 shares during the period. Prime Capital Investment Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $244,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Harbour Investments Inc. increased its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 3.3% in the first quarter. Harbour Investments Inc. now owns 4,372 shares of the company’s stock worth $347,000 after buying an additional 139 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 6.0% in the first quarter. PNC Financial Services Group Inc. now owns 3,042 shares of the company’s stock worth $242,000 after buying an additional 173 shares during the period. Milestone Asset Management Group LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 2.0% in the first quarter. Milestone Asset Management Group LLC now owns 9,134 shares of the company’s stock worth $726,000 after buying an additional 177 shares during the period. Choreo LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 5.8% in the first quarter. Choreo LLC now owns 4,137 shares of the company’s stock worth $329,000 after buying an additional 225 shares during the period. Finally, Smartleaf Asset Management LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 114.1% in the first 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.

SPDR S&P 400 Mid Cap Growth ETF Trading Down 2.6%

MDYG opened at $88.90 on Monday. The company has a market cap of $2.35 billion, a P/E ratio of 22.35 and a beta of 1.09. The business’s 50-day moving average price is $90.75 and its 200-day moving average price is $85.90. SPDR S&P 400 Mid Cap Growth ETF has a 12 month low of $68.59 and a 12 month high of $95.51.

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.