MGO One Seven LLC Makes New $1.46 Million Investment in SPDR S&P 400 Mid Cap Growth ETF $MDYG

MGO One Seven LLC bought a new stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 13,972 shares of the company’s stock, valued at approximately $1,460,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MDYG. NorthRock Partners LLC increased its holdings 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 purchasing an additional 70,276 shares during the period. Kinetic Wealth Investment Advisors LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the second quarter worth about $958,000. Fifth Third Bancorp lifted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 39,225.0% during the first quarter. Fifth Third Bancorp now owns 12,584 shares of the company’s stock worth $1,208,000 after purchasing an additional 12,552 shares during the period. IMC Chicago LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the first quarter worth about $926,000. Finally, FAS Wealth Partners Inc. lifted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 2.1% during the first quarter. FAS Wealth Partners Inc. now owns 507,678 shares of the company’s stock worth $48,717,000 after purchasing an additional 10,447 shares during the period.

SPDR S&P 400 Mid Cap Growth ETF Stock Down 0.0%

Shares of NYSEARCA MDYG opened at $104.50 on Thursday. SPDR S&P 400 Mid Cap Growth ETF has a 52 week low of $87.09 and a 52 week high of $113.93. The business’s 50 day moving average price is $105.54 and its 200 day moving average price is $104.60. The firm has a market cap of $2.84 billion, a P/E ratio of 25.03 and a beta of 1.06.

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. 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.