International Assets Investment Management LLC Lowers Stock Position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

International Assets Investment Management LLC lessened its holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 98.6% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,408 shares of the company’s stock after selling 172,608 shares during the period. International Assets Investment Management LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $209,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. RFG Advisory LLC purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF during the first quarter valued at approximately $218,000. Park Avenue Securities LLC lifted its position in SPDR S&P 400 Mid CapGrowth ETF by 70.6% during the first quarter. Park Avenue Securities LLC now owns 22,905 shares of the company’s stock valued at $1,999,000 after acquiring an additional 9,479 shares during the last quarter. Signal Advisors Wealth LLC purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF during the first quarter valued at approximately $243,000. Somerset Trust Co purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF during the first quarter valued at approximately $223,000. Finally, Confluence Investment Management LLC purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF during the first quarter valued at approximately $37,185,000.

SPDR S&P 400 Mid CapGrowth ETF Stock Down 0.2 %

NYSEARCA:MDYG opened at $83.81 on Thursday. SPDR S&P 400 Mid CapGrowth ETF has a 52 week low of $64.67 and a 52 week high of $87.69. The firm has a 50 day moving average of $84.39 and a 200 day moving average of $81.33. The stock has a market capitalization of $2.97 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09.

About SPDR S&P 400 Mid CapGrowth ETF

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.