Wealth Enhancement Advisory Services LLC Purchases 972 Shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG)

Wealth Enhancement Advisory Services LLC boosted its holdings in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 5.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,216 shares of the company’s stock after acquiring an additional 972 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.06% of SPDR S&P 400 Mid Cap Growth ETF worth $1,527,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. NorthRock Partners LLC raised its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 185.9% in the fourth quarter. NorthRock Partners LLC now owns 998,446 shares of the company’s stock worth $86,755,000 after purchasing an additional 649,192 shares during the last quarter. Raymond James Financial Inc. purchased a new position in SPDR S&P 400 Mid Cap Growth ETF in the 4th quarter worth about $24,981,000. Stifel Financial Corp raised its position in SPDR S&P 400 Mid Cap Growth ETF by 17.5% in the 4th quarter. Stifel Financial Corp now owns 1,406,917 shares of the company’s stock worth $122,247,000 after buying an additional 209,297 shares during the last quarter. Benjamin Edwards Inc. lifted its stake in SPDR S&P 400 Mid Cap Growth ETF by 19.3% during the 4th quarter. Benjamin Edwards Inc. now owns 1,184,278 shares of the company’s stock valued at $102,903,000 after acquiring an additional 191,334 shares during the period. Finally, Cary Street Partners Financial LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the 4th quarter valued at about $14,077,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Up 0.2%

Shares of MDYG stock opened at $86.87 on Tuesday. The company has a 50 day moving average price of $83.60 and a 200-day moving average price of $84.16. 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 market capitalization of $2.26 billion, a PE ratio of 20.98 and a beta of 1.09.

SPDR S&P 400 Mid Cap Growth 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.