SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) Shares Sold by JNBA Financial Advisors

JNBA Financial Advisors lessened its position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 6.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 118,963 shares of the company’s stock after selling 8,428 shares during the quarter. SPDR S&P 400 Mid CapGrowth ETF accounts for 1.1% of JNBA Financial Advisors’ portfolio, making the stock its 23rd largest position. JNBA Financial Advisors owned approximately 0.34% of SPDR S&P 400 Mid CapGrowth ETF worth $10,438,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MDYG. Sound Income Strategies LLC acquired a new stake in SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter worth about $28,000. Mattson Financial Services LLC acquired a new position in SPDR S&P 400 Mid CapGrowth ETF during the second quarter worth $30,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the second quarter valued at approximately $40,000. Richardson Financial Services Inc. acquired a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the first quarter worth $42,000. Finally, Concord Wealth Partners raised its holdings in SPDR S&P 400 Mid CapGrowth ETF by 22.0% in the third quarter. Concord Wealth Partners now owns 643 shares of the company’s stock valued at $56,000 after acquiring an additional 116 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Trading Up 2.6 %

MDYG stock traded up $2.30 during trading on Wednesday, hitting $90.81. 43,860 shares of the company’s stock were exchanged, compared to its average volume of 222,163. The business has a 50-day moving average price of $86.97 and a two-hundred day moving average price of $85.57. The stock has a market capitalization of $3.22 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09. SPDR S&P 400 Mid CapGrowth ETF has a 52-week low of $66.82 and a 52-week high of $91.81.

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.