Benjamin F. Edwards & Company Inc. Trims Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Benjamin F. Edwards & Company Inc. decreased its holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 53.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 402,009 shares of the company’s stock after selling 455,374 shares during the period. Benjamin F. Edwards & Company Inc. owned about 1.13% of SPDR S&P 400 Mid CapGrowth ETF worth $33,792,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of MDYG. UBS Group AG increased its stake in SPDR S&P 400 Mid CapGrowth ETF by 27.2% in the fourth quarter. UBS Group AG now owns 81,253 shares of the company’s stock worth $6,148,000 after purchasing an additional 17,370 shares during the period. Corient Private Wealth LLC raised its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 9.9% in the fourth quarter. Corient Private Wealth LLC now owns 247,382 shares of the company’s stock valued at $18,719,000 after acquiring an additional 22,318 shares in the last quarter. Assetmark Inc. raised its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 4,592.6% in the fourth quarter. Assetmark Inc. now owns 1,267 shares of the company’s stock valued at $96,000 after acquiring an additional 1,240 shares in the last quarter. CAP Partners LLC bought a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the fourth quarter valued at about $360,000. Finally, Focus Financial Network Inc. ADV bought a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the fourth quarter valued at about $647,000.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

MDYG stock opened at $88.02 on Friday. The business has a 50-day moving average price of $85.34 and a 200 day moving average price of $84.85. The company has a market capitalization of $3.12 billion, a P/E 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.

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.