UNIVEST FINANCIAL Corp Sells 199,598 Shares of SPDR S&P 400 Mid Cap Growth ETF $MDYG

UNIVEST FINANCIAL Corp decreased its position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 62.2% during the first quarter, HoldingsChannel reports. The firm owned 121,342 shares of the company’s stock after selling 199,598 shares during the period. UNIVEST FINANCIAL Corp’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $11,644,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in MDYG. Retirement Income Solutions Inc. boosted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 4.9% in the 4th quarter. Retirement Income Solutions Inc. now owns 2,349 shares of the company’s stock worth $217,000 after purchasing an additional 109 shares in the last quarter. KERR FINANCIAL PLANNING Corp grew its position in SPDR S&P 400 Mid Cap Growth ETF by 50.0% during the first quarter. KERR FINANCIAL PLANNING Corp now owns 342 shares of the company’s stock valued at $34,000 after acquiring an additional 114 shares during the last quarter. Tucker Asset Management LLC grew its position in SPDR S&P 400 Mid Cap Growth ETF by 6.3% during the fourth quarter. Tucker Asset Management LLC now owns 1,999 shares of the company’s stock valued at $185,000 after acquiring an additional 119 shares during the last quarter. CreativeOne Wealth LLC raised its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 3.4% during the fourth quarter. CreativeOne Wealth LLC now owns 3,829 shares of the company’s stock worth $354,000 after acquiring an additional 125 shares in the last quarter. Finally, Flagstar Advisors Inc. raised its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 2.0% during the fourth quarter. Flagstar Advisors Inc. now owns 6,498 shares of the company’s stock worth $601,000 after acquiring an additional 127 shares in the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Trading Down 0.5%

Shares of MDYG traded down $0.59 during mid-day trading on Friday, reaching $108.82. The company’s stock had a trading volume of 64,817 shares, compared to its average volume of 91,306. SPDR S&P 400 Mid Cap Growth ETF has a 52 week low of $86.23 and a 52 week high of $112.17. The stock has a market cap of $2.84 billion, a PE ratio of 22.35 and a beta of 1.05. The company’s fifty day moving average price is $108.37 and its two-hundred day moving average price is $101.92.

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. 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.