Farther Finance Advisors LLC Sells 458 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Farther Finance Advisors LLC lowered its stake in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 40.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 680 shares of the company’s stock after selling 458 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $59,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Legacy Investment Solutions LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the third quarter worth about $25,000. Centricity Wealth Management LLC acquired a new stake in SPDR S&P 400 Mid CapGrowth ETF in the 4th quarter valued at approximately $26,000. Cape Investment Advisory Inc. lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 198.1% during 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. Capital Investment Advisory Services LLC lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 110.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock worth $36,000 after buying an additional 219 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 189.2% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 535 shares of the company’s stock valued at $46,000 after acquiring an additional 350 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

NYSEARCA:MDYG opened at $80.56 on Friday. 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 has a fifty day moving average price of $86.56 and a 200 day moving average price of $88.09. The stock has a market cap of $2.55 billion, a P/E ratio of 21.05 and a beta of 1.12.

SPDR S&P 400 Mid CapGrowth 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.