SPDR S&P 400 Mid Cap Growth ETF $MDYG Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC cut its stake in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 36.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,108 shares of the company’s stock after selling 5,753 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $878,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Northern Trust Corp acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF in the 4th quarter valued at about $201,000. Wealth Enhancement Advisory Services LLC grew its stake in SPDR S&P 400 Mid Cap Growth ETF by 1.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 18,244 shares of the company’s stock valued at $1,585,000 after acquiring an additional 285 shares during the last quarter. Mascagni Wealth Management Inc. acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF in the 4th quarter valued at about $53,000. Milestone Asset Management Group LLC acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF in the 4th quarter valued at about $778,000. Finally, Versant Capital Management Inc acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF in the 1st quarter valued at about $33,000.

SPDR S&P 400 Mid Cap Growth ETF Trading Down 0.6%

Shares of NYSEARCA MDYG opened at $90.71 on Friday. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of 22.35 and a beta of 1.09. 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 company’s 50-day moving average price is $90.25 and its 200 day moving average price is $85.01.

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.