SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) Reaches New 1-Year High at $84.88

SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYGGet Free Report) hit a new 52-week high on Wednesday . The company traded as high as $84.88 and last traded at $84.79, with a volume of 76499 shares changing hands. The stock had previously closed at $83.75.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

The firm has a market capitalization of $2.23 billion, a P/E ratio of 12.21 and a beta of 1.09. The stock has a fifty day moving average price of $77.77 and a two-hundred day moving average price of $72.97.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in MDYG. Financial Engines Advisors L.L.C. increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 11.9% during the third quarter. Financial Engines Advisors L.L.C. now owns 1,836,885 shares of the company’s stock valued at $127,002,000 after purchasing an additional 194,898 shares during the period. LPL Financial LLC boosted its stake in SPDR S&P 400 Mid CapGrowth ETF by 10.1% during the third quarter. LPL Financial LLC now owns 1,455,473 shares of the company’s stock valued at $100,631,000 after buying an additional 132,922 shares in the last quarter. Stifel Financial Corp boosted its stake in SPDR S&P 400 Mid CapGrowth ETF by 0.6% during the third quarter. Stifel Financial Corp now owns 1,377,827 shares of the company’s stock valued at $95,267,000 after buying an additional 7,596 shares in the last quarter. Parcion Private Wealth LLC boosted its position in SPDR S&P 400 Mid CapGrowth ETF by 73.0% during the 4th quarter. Parcion Private Wealth LLC now owns 1,018,828 shares of the company’s stock worth $77,095,000 after acquiring an additional 429,985 shares during the period. Finally, Benjamin F. Edwards & Company Inc. boosted its position in SPDR S&P 400 Mid CapGrowth ETF by 45.1% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 914,401 shares of the company’s stock worth $65,517,000 after acquiring an additional 284,089 shares during the period.

About SPDR S&P 400 Mid CapGrowth ETF

(Get Free Report)

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.

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