SPDR S&P 400 Mid Cap Growth ETF $MDYG Stake Boosted by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. increased its position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 1.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 330,087 shares of the company’s stock after acquiring an additional 5,975 shares during the period. SPDR S&P 400 Mid Cap Growth ETF comprises about 1.3% of GHP Investment Advisors Inc.’s investment portfolio, making the stock its 7th biggest holding. GHP Investment Advisors Inc.’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $31,675,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. AE Wealth Management LLC boosted its position in SPDR S&P 400 Mid Cap Growth ETF by 26.1% in the fourth quarter. AE Wealth Management LLC now owns 1,084,310 shares of the company’s stock worth $100,223,000 after purchasing an additional 224,654 shares during the last quarter. Morgan Stanley grew its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 13.8% during the 4th quarter. Morgan Stanley now owns 767,912 shares of the company’s stock valued at $70,978,000 after purchasing an additional 92,943 shares during the period. FAS Wealth Partners Inc. increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 1.7% during the 4th quarter. FAS Wealth Partners Inc. now owns 497,231 shares of the company’s stock valued at $45,959,000 after purchasing an additional 8,284 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 7.3% during the 3rd quarter. Raymond James Financial Inc. now owns 425,874 shares of the company’s stock valued at $38,993,000 after purchasing an additional 28,794 shares during the last quarter. Finally, Rehmann Capital Advisory Group increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 3.6% during the 4th quarter. Rehmann Capital Advisory Group now owns 331,315 shares of the company’s stock valued at $30,648,000 after purchasing an additional 11,455 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Stock Up 0.9%

Shares of NYSEARCA:MDYG opened at $110.69 on Friday. The stock has a market capitalization of $2.87 billion, a PE ratio of 22.35 and a beta of 1.06. The firm’s 50 day moving average price is $107.03 and its 200-day moving average price is $100.70. SPDR S&P 400 Mid Cap Growth ETF has a twelve month low of $85.46 and a twelve month high of $111.74.

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.