Inspirion Wealth Advisors LLC Sells 3,270 Shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG)

Inspirion Wealth Advisors LLC decreased its holdings in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 30.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,637 shares of the company’s stock after selling 3,270 shares during the period. Inspirion Wealth Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $607,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Versant Capital Management Inc purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the first quarter worth approximately $33,000. Milestone Asset Management Group LLC acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF in the fourth quarter valued at approximately $778,000. Mascagni Wealth Management Inc. acquired a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the fourth quarter worth $53,000. Wealth Enhancement Advisory Services LLC lifted its position in SPDR S&P 400 Mid Cap Growth ETF by 1.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 18,244 shares of the company’s stock valued at $1,585,000 after purchasing an additional 285 shares during the period. Finally, Capital A Wealth Management LLC purchased a new position in SPDR S&P 400 Mid Cap Growth ETF in the fourth quarter valued at $33,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Down 0.3%

MDYG stock opened at $84.10 on Monday. The stock has a market capitalization of $2.20 billion, a P/E ratio of 20.98 and a beta of 1.09. The firm has a 50-day simple moving average of $79.82 and a 200-day simple moving average of $85.26. SPDR S&P 400 Mid Cap Growth ETF has a 52 week low of $68.59 and a 52 week high of $95.51.

About SPDR S&P 400 Mid Cap Growth ETF

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.