Moment Partners LLC Buys Shares of 3,300 SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Moment Partners LLC purchased a new position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,300 shares of the company’s stock, valued at approximately $287,000.

A number of other large investors have also modified their holdings of the business. Benjamin Edwards Inc. increased its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 6,605.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 992,944 shares of the company’s stock valued at $87,122,000 after acquiring an additional 978,136 shares during the period. Stifel Financial Corp increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 146.2% in the third quarter. Stifel Financial Corp now owns 1,197,620 shares of the company’s stock valued at $105,079,000 after purchasing an additional 711,253 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the fourth quarter worth about $24,981,000. Commonwealth Equity Services LLC boosted its position in SPDR S&P 400 Mid CapGrowth ETF by 121.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 234,922 shares of the company’s stock valued at $20,412,000 after buying an additional 128,867 shares during the last quarter. Finally, Foundations Investment Advisors LLC increased its holdings in SPDR S&P 400 Mid CapGrowth ETF by 2,181.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 133,530 shares of the company’s stock worth $11,602,000 after buying an additional 127,678 shares during the period.

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

Shares of NYSEARCA MDYG opened at $81.77 on Thursday. The company has a 50 day simple moving average of $86.22 and a two-hundred day simple moving average of $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 12 month low of $77.49 and a 12 month high of $95.51.

SPDR S&P 400 Mid CapGrowth ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a dividend of $0.1481 per share. The ex-dividend date was Monday, March 24th.

SPDR S&P 400 Mid CapGrowth ETF 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.