UNIVEST FINANCIAL Corp Purchases 2,423 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

UNIVEST FINANCIAL Corp raised its position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 12.5% in the 4th quarter, Holdings Channel reports. The firm owned 21,803 shares of the company’s stock after buying an additional 2,423 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $1,894,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in MDYG. Legacy Investment Solutions LLC purchased a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the third quarter worth $25,000. Centricity Wealth Management LLC bought a new position in SPDR S&P 400 Mid CapGrowth ETF in the 4th quarter worth about $26,000. Cape Investment Advisory Inc. raised its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 198.1% in the 4th quarter. Cape Investment Advisory Inc. now owns 310 shares of the company’s stock valued at $27,000 after acquiring an additional 206 shares in the last quarter. Capital Investment Advisory Services LLC boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 110.1% during the 4th quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock valued at $36,000 after acquiring an additional 219 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 189.2% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 535 shares of the company’s stock worth $46,000 after purchasing an additional 350 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Trading Down 1.1 %

MDYG stock opened at $81.77 on Thursday. The company’s 50 day moving average is $86.22 and its 200 day moving average is $88.08. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 21.35 and a beta of 1.12. SPDR S&P 400 Mid CapGrowth ETF has a 1-year low of $77.49 and a 1-year high of $95.51.

SPDR S&P 400 Mid CapGrowth ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were issued a $0.1481 dividend. The ex-dividend date of this dividend was Monday, March 24th.

SPDR S&P 400 Mid CapGrowth 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.