Centennial Wealth Advisory LLC Buys 14,839 Shares of SPDR S&P 400 Mid Cap Growth ETF $MDYG

Centennial Wealth Advisory LLC grew its stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 51.5% in the first quarter, Holdings Channel.com reports. The institutional investor owned 43,666 shares of the company’s stock after buying an additional 14,839 shares during the quarter. SPDR S&P 400 Mid Cap Growth ETF makes up approximately 1.0% of Centennial Wealth Advisory LLC’s portfolio, making the stock its 23rd biggest position. Centennial Wealth Advisory LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $4,191,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. World Investment Advisors lifted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 22.4% during the 4th quarter. World Investment Advisors now owns 23,911 shares of the company’s stock worth $2,210,000 after acquiring an additional 4,376 shares during the last quarter. Corient Private Wealth LLC increased its stake in SPDR S&P 400 Mid Cap Growth ETF by 14.2% in the fourth quarter. Corient Private Wealth LLC now owns 159,559 shares of the company’s stock valued at $14,874,000 after acquiring an additional 19,788 shares during the last quarter. Rehmann Capital Advisory Group increased its stake in SPDR S&P 400 Mid Cap Growth ETF by 3.6% in the fourth quarter. Rehmann Capital Advisory Group now owns 331,315 shares of the company’s stock valued at $30,648,000 after acquiring an additional 11,455 shares during the last quarter. SHP Wealth Management purchased a new stake in SPDR S&P 400 Mid Cap Growth ETF during the fourth quarter valued at about $384,000. Finally, Tempo Wealth LLC purchased a new stake in SPDR S&P 400 Mid Cap Growth ETF during the fourth quarter valued at about $3,457,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Down 1.6%

Shares of MDYG stock opened at $109.28 on Wednesday. The business has a 50-day moving average price of $106.71 and a two-hundred day moving average price of $100.47. SPDR S&P 400 Mid Cap Growth ETF has a 12-month low of $85.10 and a 12-month high of $111.64. The firm has a market cap of $2.84 billion, a P/E ratio of 22.35 and a beta of 1.06.

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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations between $850 million and $3.8 billion.