SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) is SFG Wealth Management LLC.’s 3rd Largest Position

SFG Wealth Management LLC. lifted its position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 10.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 124,723 shares of the company’s stock after acquiring an additional 11,604 shares during the quarter. SPDR S&P 400 Mid CapGrowth ETF makes up about 5.7% of SFG Wealth Management LLC.’s holdings, making the stock its 3rd biggest holding. SFG Wealth Management LLC.’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $10,837,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDYG. Citigroup Inc. grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 1.4% during the 3rd quarter. Citigroup Inc. now owns 2,437,057 shares of the company’s stock valued at $213,827,000 after acquiring an additional 34,717 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.9% during the third quarter. LPL Financial LLC now owns 1,734,389 shares of the company’s stock worth $152,175,000 after purchasing an additional 49,227 shares during the period. Stifel Financial Corp grew its position in SPDR S&P 400 Mid CapGrowth ETF by 146.2% during the third quarter. Stifel Financial Corp now owns 1,197,620 shares of the company’s stock valued at $105,079,000 after purchasing an additional 711,253 shares in the last quarter. Benjamin Edwards Inc. increased its stake in SPDR S&P 400 Mid CapGrowth ETF by 6,605.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 992,944 shares of the company’s stock valued at $87,122,000 after buying an additional 978,136 shares during the period. Finally, Parcion Private Wealth LLC increased its stake in SPDR S&P 400 Mid CapGrowth ETF by 30.8% in the 3rd quarter. Parcion Private Wealth LLC now owns 825,383 shares of the company’s stock valued at $72,419,000 after buying an additional 194,413 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Stock Up 0.5 %

Shares of NYSEARCA:MDYG opened at $90.52 on Monday. The firm has a fifty day moving average of $90.42 and a two-hundred day moving average of $87.81. SPDR S&P 400 Mid CapGrowth ETF has a 12-month low of $73.94 and a 12-month high of $95.51. The firm has a market capitalization of $3.21 billion, a P/E 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.