Prime Capital Investment Advisors LLC Lowers Position in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Prime Capital Investment Advisors LLC lessened its holdings in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 80.2% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,813 shares of the company’s stock after selling 11,401 shares during the period. Prime Capital Investment Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $244,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mather Group LLC. purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the first quarter worth $31,000. Rossby Financial LCC purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the first quarter worth $32,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the first quarter worth $34,000. Smartleaf Asset Management LLC raised its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 114.1% in the first quarter. Smartleaf Asset Management LLC now owns 441 shares of the company’s stock worth $35,000 after buying an additional 235 shares in the last quarter. Finally, Compass Financial Services Inc purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the first quarter worth $57,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

Shares of MDYG stock opened at $88.90 on Monday. The business’s fifty day moving average is $90.75 and its 200 day moving average is $85.90. 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 has a market capitalization of $2.35 billion, a PE ratio of 22.35 and a beta of 1.09.

SPDR S&P 400 Mid Cap Growth 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.