LPL Financial LLC Acquires 49,227 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

LPL Financial LLC lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 2.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 1,734,389 shares of the company’s stock after buying an additional 49,227 shares during the period. LPL Financial LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $152,175,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. CreativeOne Wealth LLC bought a new stake in SPDR S&P 400 Mid CapGrowth ETF during the first quarter worth $254,000. Gradient Investments LLC lifted its stake in SPDR S&P 400 Mid CapGrowth ETF by 1,474.3% in the 2nd quarter. Gradient Investments LLC now owns 6,801 shares of the company’s stock valued at $572,000 after purchasing an additional 6,369 shares during the last quarter. Perennial Investment Advisors LLC lifted its stake in SPDR S&P 400 Mid CapGrowth ETF by 0.6% in the 2nd quarter. Perennial Investment Advisors LLC now owns 82,784 shares of the company’s stock valued at $6,959,000 after purchasing an additional 486 shares during the last quarter. Harbour Investments Inc. increased its position in SPDR S&P 400 Mid CapGrowth ETF by 3.5% during the second quarter. Harbour Investments Inc. now owns 3,551 shares of the company’s stock worth $299,000 after buying an additional 119 shares during the last quarter. Finally, Confluence Wealth Services Inc. raised its stake in SPDR S&P 400 Mid CapGrowth ETF by 130.3% in the second quarter. Confluence Wealth Services Inc. now owns 24,121 shares of the company’s stock valued at $2,028,000 after buying an additional 13,645 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Trading Up 1.7 %

Shares of NYSEARCA MDYG opened at $93.48 on Friday. SPDR S&P 400 Mid CapGrowth ETF has a 12 month low of $69.97 and a 12 month high of $93.52. The stock has a 50 day moving average of $88.74 and a 200-day moving average of $86.28. The company has a market capitalization of $3.31 billion, a P/E ratio of 18.50 and a beta of 1.09.

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.