KDK Private Wealth Management LLC Invests $501,000 in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

KDK Private Wealth Management LLC acquired a new position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 5,766 shares of the company’s stock, valued at approximately $501,000.

Other institutional investors have also recently bought and sold shares of the company. Centricity Wealth Management LLC acquired a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the 4th quarter worth $26,000. Cape Investment Advisory Inc. boosted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 198.1% in the fourth quarter. Cape Investment Advisory Inc. now owns 310 shares of the company’s stock worth $27,000 after purchasing an additional 206 shares in the last quarter. Capital Investment Advisory Services LLC increased its position in SPDR S&P 400 Mid CapGrowth ETF by 110.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock worth $36,000 after buying an additional 219 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in 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 valued at $46,000 after buying an additional 350 shares in the last quarter. Finally, Financial Life Planners acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the fourth quarter worth about $55,000.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

Shares of NYSEARCA MDYG opened at $74.27 on Friday. The business’s 50-day simple moving average is $82.47 and its 200-day simple moving average is $87.20. SPDR S&P 400 Mid CapGrowth ETF has a 52 week low of $68.59 and a 52 week high of $95.51. The firm has a market cap of $2.37 billion, a price-to-earnings ratio of 21.35 and a beta of 1.12.

About SPDR S&P 400 Mid CapGrowth 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.