Northern Trust Corp Takes Position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG)

Northern Trust Corp bought a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,311 shares of the company’s stock, valued at approximately $201,000.

A number of other large investors have also recently made changes to their positions in MDYG. Raymond James Financial Inc. bought a new stake in SPDR S&P 400 Mid Cap Growth ETF during the fourth quarter valued at about $24,981,000. Stifel Financial Corp raised its position in SPDR S&P 400 Mid Cap Growth ETF by 17.5% during the fourth quarter. Stifel Financial Corp now owns 1,406,917 shares of the company’s stock worth $122,247,000 after acquiring an additional 209,297 shares during the period. Commonwealth Equity Services LLC raised its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 121.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 234,922 shares of the company’s stock valued at $20,412,000 after acquiring an additional 128,867 shares during the last quarter. May Barnhard Investments LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the fourth quarter valued at about $5,583,000. Finally, Jones Financial Companies Lllp increased its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 45.1% in the fourth quarter. Jones Financial Companies Lllp now owns 118,220 shares of the company’s stock valued at $10,272,000 after purchasing an additional 36,765 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

Shares of NYSEARCA MDYG opened at $84.21 on Tuesday. The company has a 50 day simple moving average of $79.87 and a 200-day simple moving average of $85.23. The company has a market capitalization of $2.20 billion, a P/E ratio of 20.98 and a beta of 1.09. SPDR S&P 400 Mid Cap Growth ETF has a 1 year low of $68.59 and a 1 year high of $95.51.

About SPDR S&P 400 Mid Cap Growth 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.