Stifel Financial Corp Raises Holdings in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG)

Stifel Financial Corp boosted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 17.5% in the 4th quarter, Holdings Channel reports. The fund owned 1,406,917 shares of the company’s stock after buying an additional 209,297 shares during the period. Stifel Financial Corp’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $122,247,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of MDYG. Centricity Wealth Management LLC acquired a new position in SPDR S&P 400 Mid Cap Growth ETF in the 4th quarter worth about $26,000. Cape Investment Advisory Inc. lifted its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 198.1% during the 4th quarter. Cape Investment Advisory Inc. now owns 310 shares of the company’s stock valued at $27,000 after buying an additional 206 shares in the last quarter. Capital Investment Advisory Services LLC grew its stake in SPDR S&P 400 Mid Cap Growth ETF by 110.1% in 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 period. MassMutual Private Wealth & Trust FSB raised its position in SPDR S&P 400 Mid Cap Growth 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 acquiring an additional 350 shares during the period. Finally, Financial Life Planners purchased a new position in SPDR S&P 400 Mid Cap Growth ETF during the fourth quarter valued at $55,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Down 2.7 %

MDYG stock opened at $73.69 on Tuesday. The stock has a market capitalization of $2.25 billion, a P/E ratio of 19.37 and a beta of 1.09. SPDR S&P 400 Mid Cap Growth ETF has a 52 week low of $68.59 and a 52 week high of $95.51. The firm has a 50-day simple moving average of $80.48 and a 200-day simple moving average of $86.61.

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.