Kingswood Wealth Advisors LLC Has $2.95 Million Stake in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Kingswood Wealth Advisors LLC raised its stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 5.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 33,915 shares of the company’s stock after buying an additional 1,701 shares during the period. Kingswood Wealth Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $2,946,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Choreo LLC increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 5.8% during the first quarter. Choreo LLC now owns 4,137 shares of the company’s stock worth $329,000 after buying an additional 225 shares during the period. Mather Group LLC. acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the 1st quarter valued at about $31,000. Wealth Enhancement Advisory Services LLC lifted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 5.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 19,216 shares of the company’s stock valued at $1,527,000 after purchasing an additional 972 shares during the period. XY Planning Network Inc. bought a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the 2nd quarter valued at about $780,000. Finally, Norden Group LLC boosted its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 36.9% during the 2nd quarter. Norden Group LLC now owns 5,191 shares of the company’s stock valued at $451,000 after purchasing an additional 1,400 shares in the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

Shares of MDYG stock opened at $92.19 on Tuesday. SPDR S&P 400 Mid Cap Growth ETF has a fifty-two week low of $68.59 and a fifty-two week high of $95.51. The stock has a 50 day simple moving average of $90.61 and a two-hundred day simple moving average of $85.65. The company has a market cap of $2.44 billion, a P/E ratio of 22.35 and a beta of 1.09.

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.