Balanced Wealth Group LLC Has $19.09 Million Stock Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Balanced Wealth Group LLC lifted its holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 6.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 227,099 shares of the company’s stock after purchasing an additional 12,984 shares during the quarter. SPDR S&P 400 Mid CapGrowth ETF accounts for approximately 4.7% of Balanced Wealth Group LLC’s investment portfolio, making the stock its 7th biggest holding. Balanced Wealth Group LLC owned 0.64% of SPDR S&P 400 Mid CapGrowth ETF worth $19,090,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in MDYG. True Vision MN LLC bought a new stake in SPDR S&P 400 Mid CapGrowth ETF during the 4th quarter worth about $294,000. CreativeOne Wealth LLC acquired a new position in SPDR S&P 400 Mid CapGrowth ETF during the first quarter valued at approximately $254,000. Park Avenue Securities LLC grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 70.6% in the first quarter. Park Avenue Securities LLC now owns 22,905 shares of the company’s stock valued at $1,999,000 after purchasing an additional 9,479 shares in the last quarter. Cooper Financial Group increased its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 1.2% during the 1st quarter. Cooper Financial Group now owns 25,923 shares of the company’s stock worth $2,263,000 after purchasing an additional 315 shares during the last quarter. Finally, RFG Advisory LLC bought a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the 1st quarter worth approximately $218,000.

SPDR S&P 400 Mid CapGrowth ETF Trading Down 0.5 %

NYSEARCA:MDYG opened at $87.54 on Friday. The stock has a market capitalization of $3.10 billion, a PE ratio of 18.50 and a beta of 1.09. SPDR S&P 400 Mid CapGrowth ETF has a 1-year low of $64.67 and a 1-year high of $89.30. The firm has a fifty day simple moving average of $85.36 and a 200 day simple moving average of $84.88.

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.