Signet Financial Management LLC Has $14.32 Million Stock Position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Signet Financial Management LLC lessened its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 2.4% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 164,074 shares of the company’s stock after selling 4,080 shares during the period. SPDR S&P 400 Mid CapGrowth ETF accounts for 2.0% of Signet Financial Management LLC’s portfolio, making the stock its 5th biggest holding. Signet Financial Management LLC owned about 0.47% of SPDR S&P 400 Mid CapGrowth ETF worth $14,322,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Retirement Planning Group LLC grew its position in 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 valued at $319,000 after buying an additional 127 shares in the last quarter. PFG Advisors boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.0% during the 4th quarter. PFG Advisors now owns 10,154 shares of the company’s stock valued at $768,000 after purchasing an additional 198 shares in the last quarter. Brookstone Capital Management boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 4.9% during the 1st quarter. Brookstone Capital Management now owns 4,439 shares of the company’s stock valued at $387,000 after purchasing an additional 209 shares in the last quarter. Denver Wealth Management Inc. boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 3.3% during the 4th quarter. Denver Wealth Management Inc. now owns 7,049 shares of the company’s stock valued at $533,000 after purchasing an additional 227 shares in the last quarter. Finally, First Pacific Financial boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 3.9% during the 4th quarter. First Pacific Financial now owns 6,642 shares of the company’s stock valued at $503,000 after purchasing an additional 252 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

Shares of NYSEARCA:MDYG traded down $0.11 during trading hours on Thursday, hitting $83.70. 53,677 shares of the company’s stock traded hands, compared to its average volume of 287,610. SPDR S&P 400 Mid CapGrowth ETF has a 52 week low of $64.67 and a 52 week high of $87.69. The company’s fifty day simple moving average is $84.39 and its two-hundred day simple moving average is $81.33. The company has a market cap of $2.97 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09.

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.