Diligent Investors LLC Purchases 58,315 Shares of SPDR S&P 400 Mid Cap Growth ETF $MDYG

Diligent Investors LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 58,315 shares of the company’s stock, valued at approximately $6,096,000. SPDR S&P 400 Mid Cap Growth ETF accounts for approximately 1.3% of Diligent Investors LLC’s portfolio, making the stock its 10th biggest position. Diligent Investors LLC owned 0.22% of SPDR S&P 400 Mid Cap Growth ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. NorthRock Partners LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 6.5% in the 2nd quarter. NorthRock Partners LLC now owns 1,153,617 shares of the company’s stock valued at $129,309,000 after buying an additional 70,276 shares during the period. FAS Wealth Partners Inc. grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 2.1% during the first quarter. FAS Wealth Partners Inc. now owns 507,678 shares of the company’s stock worth $48,717,000 after buying an additional 10,447 shares in the last quarter. Private Advisor Group LLC grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 40.6% during the first quarter. Private Advisor Group LLC now owns 425,586 shares of the company’s stock worth $40,839,000 after buying an additional 122,989 shares in the last quarter. GHP Investment Advisors Inc. increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 1.8% during the first quarter. GHP Investment Advisors Inc. now owns 330,087 shares of the company’s stock worth $31,675,000 after buying an additional 5,975 shares during the period. Finally, Avantax Planning Partners Inc. increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 11.6% during the first quarter. Avantax Planning Partners Inc. now owns 321,914 shares of the company’s stock worth $30,891,000 after buying an additional 33,447 shares during the period.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

MDYG stock opened at $104.80 on Thursday. The company’s 50 day moving average price is $107.03 and its 200 day moving average price is $107.12. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 22.35 and a beta of 1.06. SPDR S&P 400 Mid Cap Growth ETF has a fifty-two week low of $87.09 and a fifty-two week high of $113.93.

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. 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.