GHP Investment Advisors Inc. Buys 7,902 Shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG)

GHP Investment Advisors Inc. increased its stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 2.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 298,859 shares of the company’s stock after purchasing an additional 7,902 shares during the period. SPDR S&P 400 Mid Cap Growth ETF accounts for 1.1% of GHP Investment Advisors Inc.’s portfolio, making the stock its 8th largest position. GHP Investment Advisors Inc. owned approximately 0.98% of SPDR S&P 400 Mid Cap Growth ETF worth $23,747,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Cape Investment Advisory Inc. increased its position in SPDR S&P 400 Mid Cap Growth ETF by 198.1% in the fourth quarter. Cape Investment Advisory Inc. now owns 310 shares of the company’s stock worth $27,000 after buying an additional 206 shares during the period. Capital A Wealth Management LLC bought a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the fourth quarter worth about $33,000. Versant Capital Management Inc acquired a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the 1st quarter worth about $33,000. Mascagni Wealth Management Inc. bought a new stake in SPDR S&P 400 Mid Cap Growth ETF in the 4th quarter valued at about $53,000. Finally, O Shaughnessy Asset Management LLC lifted its position in SPDR S&P 400 Mid Cap Growth ETF by 86.4% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 701 shares of the company’s stock valued at $61,000 after purchasing an additional 325 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Stock Up 0.6%

SPDR S&P 400 Mid Cap Growth ETF stock opened at $85.00 on Tuesday. SPDR S&P 400 Mid Cap Growth ETF has a 52-week low of $68.59 and a 52-week high of $95.51. The firm has a market capitalization of $2.22 billion, a price-to-earnings ratio of 20.98 and a beta of 1.07. The firm has a 50-day moving average price of $82.51 and a two-hundred day moving average price of $84.38.

SPDR S&P 400 Mid Cap Growth 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.