BNP Paribas Financial Markets Trims Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

BNP Paribas Financial Markets reduced its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 98.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,000 shares of the company’s stock after selling 50,300 shares during the quarter. BNP Paribas Financial Markets’ holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $88,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Darwin Wealth Management LLC acquired a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter valued at about $27,000. Sound Income Strategies LLC purchased a new position in SPDR S&P 400 Mid CapGrowth ETF during the third quarter worth about $28,000. Mattson Financial Services LLC acquired a new position in SPDR S&P 400 Mid CapGrowth ETF in the 2nd quarter valued at about $30,000. Concord Wealth Partners grew its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 22.0% in the 3rd quarter. Concord Wealth Partners now owns 643 shares of the company’s stock valued at $56,000 after buying an additional 116 shares during the period. Finally, Turtle Creek Wealth Advisors LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the 2nd quarter worth approximately $64,000.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

MDYG stock opened at $87.53 on Thursday. SPDR S&P 400 Mid CapGrowth ETF has a one year low of $73.09 and a one year high of $95.51. The firm has a market cap of $3.10 billion, a PE ratio of 18.50 and a beta of 1.09. The firm’s 50 day moving average price is $90.77 and its 200-day moving average price is $87.20.

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.