MidAtlantic Capital Management Inc. Makes New $163,000 Investment in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

MidAtlantic Capital Management Inc. purchased a new position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,859 shares of the company’s stock, valued at approximately $163,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MDYG. Sound Income Strategies LLC bought a new stake in SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter valued at about $28,000. Mattson Financial Services LLC bought a new stake in SPDR S&P 400 Mid CapGrowth ETF in the 2nd quarter valued at about $30,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR S&P 400 Mid CapGrowth ETF in the 2nd quarter valued at about $40,000. Concord Wealth Partners raised its stake in SPDR S&P 400 Mid CapGrowth ETF by 22.0% in the 3rd quarter. Concord Wealth Partners now owns 643 shares of the company’s stock valued at $56,000 after acquiring an additional 116 shares during the period. Finally, Turtle Creek Wealth Advisors LLC bought a new stake in SPDR S&P 400 Mid CapGrowth ETF in the 2nd quarter valued at about $64,000.

SPDR S&P 400 Mid CapGrowth ETF Stock Down 1.5 %

Shares of MDYG opened at $89.39 on Monday. The business’s 50-day moving average price is $88.01 and its 200-day moving average price is $86.07. SPDR S&P 400 Mid CapGrowth ETF has a twelve month low of $69.23 and a twelve month high of $93.37. The stock has a market cap of $3.17 billion, a PE ratio of 18.50 and a beta of 1.09.

SPDR S&P 400 Mid CapGrowth ETF Company 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.