SPDR S&P 400 Mid Cap Growth ETF $MDYG Shares Bought by Shakespeare Wealth Management LLC

Shakespeare Wealth Management LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 2.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 203,991 shares of the company’s stock after purchasing an additional 5,398 shares during the quarter. SPDR S&P 400 Mid Cap Growth ETF comprises approximately 4.7% of Shakespeare Wealth Management LLC’s holdings, making the stock its 9th biggest position. Shakespeare Wealth Management LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $17,721,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MDYG. MJT & Associates Financial Advisory Group Inc. bought a new stake in SPDR S&P 400 Mid Cap Growth ETF in the 1st quarter valued at $34,000. Smartleaf Asset Management LLC increased its holdings 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 valued at $35,000 after purchasing an additional 235 shares during the last quarter. Compass Financial Services Inc acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the first quarter valued at $57,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 80.7% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 853 shares of the company’s stock valued at $74,000 after purchasing an additional 381 shares during the period. Finally, Briaud Financial Planning Inc acquired a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the 2nd quarter worth about $75,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

Shares of MDYG stock opened at $89.16 on Friday. The company has a market capitalization of $2.33 billion, a price-to-earnings ratio of 22.35 and a beta of 1.08. The company has a 50-day simple moving average of $91.25 and a 200 day simple moving average of $88.83. 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.