SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) Short Interest Update

SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 67,061 shares, a decrease of 52.4% from the June 15th total of 140,964 shares. Based on an average daily volume of 93,289 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the shares of the company are short sold.

SPDR S&P 400 Mid Cap Growth ETF Trading Down 0.4%

Shares of NYSEARCA MDYG traded down $0.43 during trading on Thursday, reaching $107.92. 68,243 shares of the company traded hands, compared to its average volume of 90,515. The stock has a market cap of $2.82 billion, a P/E ratio of 22.35 and a beta of 1.05. The firm’s fifty day simple moving average is $108.51 and its 200 day simple moving average is $102.26. SPDR S&P 400 Mid Cap Growth ETF has a 12-month low of $86.23 and a 12-month high of $112.17.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. UNIVEST FINANCIAL Corp increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 1,102.7% in the 4th quarter. UNIVEST FINANCIAL Corp now owns 320,940 shares of the company’s stock valued at $29,665,000 after purchasing an additional 294,255 shares in the last quarter. AE Wealth Management LLC boosted its position in SPDR S&P 400 Mid Cap Growth ETF by 26.1% during 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 in the last quarter. WCG Wealth Advisors LLC grew its holdings in SPDR S&P 400 Mid Cap Growth ETF by 257.6% in the fourth quarter. WCG Wealth Advisors LLC now owns 276,185 shares of the company’s stock valued at $25,528,000 after purchasing an additional 198,955 shares during the period. Corient Private Wealth LLC increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 104.5% in the second quarter. Corient Private Wealth LLC now owns 296,652 shares of the company’s stock valued at $25,771,000 after buying an additional 151,605 shares in the last quarter. Finally, Private Advisor Group LLC increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 40.6% in the first quarter. Private Advisor Group LLC now owns 425,586 shares of the company’s stock valued at $40,839,000 after buying an additional 122,989 shares in the last quarter.

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.