KWB Wealth Decreases Stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

KWB Wealth lessened its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 0.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 165,176 shares of the company’s stock after selling 915 shares during the quarter. SPDR S&P 400 Mid CapGrowth ETF comprises 2.4% of KWB Wealth’s portfolio, making the stock its 13th largest holding. KWB Wealth’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $12,406,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in MDYG. Harbour Investments Inc. purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF during the first quarter worth approximately $68,000. Blair William & Co. IL increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 21.9% in the first quarter. Blair William & Co. IL now owns 1,241 shares of the company’s stock valued at $93,000 after purchasing an additional 223 shares during the period. Parallel Advisors LLC increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 11.0% in the second quarter. Parallel Advisors LLC now owns 1,336 shares of the company’s stock valued at $104,000 after purchasing an additional 132 shares during the period. Lloyd Advisory Services LLC. increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 67.3% in the second quarter. Lloyd Advisory Services LLC. now owns 2,319 shares of the company’s stock valued at $180,000 after purchasing an additional 933 shares during the period. Finally, Capital Analysts LLC increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 8,228.6% in the second quarter. Capital Analysts LLC now owns 2,332 shares of the company’s stock valued at $181,000 after purchasing an additional 2,304 shares during the period.

Shares of NYSEARCA:MDYG traded down $0.60 during trading on Wednesday, reaching $77.80. The company had a trading volume of 44,981 shares, compared to its average volume of 142,032. The stock’s fifty day moving average price is $77.91 and its 200 day moving average price is $76.86. SPDR S&P 400 Mid CapGrowth ETF has a fifty-two week low of $54.55 and a fifty-two week high of $80.32.

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.

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Institutional Ownership by Quarter for SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

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