AE Wealth Management LLC Grows Stock Position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

AE Wealth Management LLC increased its holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 12.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 744,990 shares of the company’s stock after buying an additional 81,121 shares during the period. AE Wealth Management LLC owned about 2.10% of SPDR S&P 400 Mid CapGrowth ETF worth $62,624,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Harbour Investments Inc. boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 3.5% in the 2nd quarter. Harbour Investments Inc. now owns 3,551 shares of the company’s stock worth $299,000 after buying an additional 119 shares in the last quarter. Retirement Planning Group LLC boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 3.6% in the 1st quarter. Retirement Planning Group LLC now owns 3,655 shares of the company’s stock worth $319,000 after buying an additional 127 shares in the last quarter. John W. Brooker & Co. CPAs boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.0% in the 2nd quarter. John W. Brooker & Co. CPAs now owns 6,767 shares of the company’s stock worth $569,000 after buying an additional 135 shares in the last quarter. Inspirion Wealth Advisors LLC boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.4% in the 2nd quarter. Inspirion Wealth Advisors LLC now owns 7,637 shares of the company’s stock worth $642,000 after buying an additional 180 shares in the last quarter. Finally, Heritage Wealth Management Inc. CA raised its stake in SPDR S&P 400 Mid CapGrowth ETF by 1.2% in the 2nd quarter. Heritage Wealth Management Inc. CA now owns 15,664 shares of the company’s stock valued at $1,317,000 after purchasing an additional 189 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Trading Up 1.7 %

Shares of MDYG stock opened at $88.02 on Friday. The firm has a 50-day moving average price of $85.34 and a 200 day moving average price of $84.85. SPDR S&P 400 Mid CapGrowth ETF has a twelve month low of $64.67 and a twelve month high of $89.30. The company has a market capitalization of $3.12 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.