Signature Estate & Investment Advisors LLC Grows Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Signature Estate & Investment Advisors LLC boosted its position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 15.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 44,067 shares of the company’s stock after acquiring an additional 5,742 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $3,829,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Private Trust Co. NA lifted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 6.4% in the fourth quarter. Private Trust Co. NA now owns 2,065 shares of the company’s stock worth $179,000 after acquiring an additional 125 shares in the last quarter. Willner & Heller LLC boosted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.0% during the 4th quarter. Willner & Heller LLC now owns 7,853 shares of the company’s stock valued at $682,000 after buying an additional 152 shares during the last quarter. Nwam LLC grew its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.6% during the fourth quarter. Nwam LLC now owns 7,218 shares of the company’s stock worth $627,000 after buying an additional 185 shares in the last quarter. Cape Investment Advisory Inc. increased its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 198.1% in the fourth quarter. Cape Investment Advisory Inc. now owns 310 shares of the company’s stock worth $27,000 after buying an additional 206 shares during the last quarter. Finally, Capital Investment Advisory Services LLC raised its holdings in SPDR S&P 400 Mid CapGrowth ETF by 110.1% in the fourth quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock valued at $36,000 after acquiring an additional 219 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

Shares of MDYG stock opened at $82.85 on Tuesday. The stock has a market capitalization of $2.62 billion, a price-to-earnings ratio of 21.05 and a beta of 1.12. SPDR S&P 400 Mid CapGrowth ETF has a one year low of $77.49 and a one year high of $95.51. The company’s 50-day simple moving average is $86.48 and its 200-day simple moving average is $88.12.

SPDR S&P 400 Mid CapGrowth ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be given a dividend of $0.1481 per share. The ex-dividend date of this dividend is Monday, March 24th.

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.