PNC Financial Services Group Inc. Grows Position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG)

PNC Financial Services Group Inc. raised its holdings in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 6.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,042 shares of the company’s stock after acquiring an additional 173 shares during the period. PNC Financial Services Group Inc.’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $242,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MDYG. JPMorgan Chase & Co. raised its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 15.2% in the 4th quarter. JPMorgan Chase & Co. now owns 23,742 shares of the company’s stock valued at $2,063,000 after acquiring an additional 3,130 shares in the last quarter. Bank of Montreal Can raised its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 116.3% in the 4th quarter. Bank of Montreal Can now owns 7,753 shares of the company’s stock valued at $674,000 after acquiring an additional 4,169 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 107.8% in the 4th quarter. Renaissance Technologies LLC now owns 10,600 shares of the company’s stock valued at $921,000 after acquiring an additional 5,500 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the 4th quarter valued at about $24,981,000. Finally, NewEdge Advisors LLC increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 16.6% during the 4th quarter. NewEdge Advisors LLC now owns 4,791 shares of the company’s stock valued at $416,000 after purchasing an additional 682 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Trading Down 0.4%

Shares of SPDR S&P 400 Mid Cap Growth ETF stock opened at $88.96 on Friday. The firm has a market capitalization of $2.35 billion, a PE ratio of 22.35 and a beta of 1.09. The business’s 50-day moving average price is $87.60 and its 200-day moving average price is $84.14. SPDR S&P 400 Mid Cap Growth ETF has a 12 month low of $68.59 and a 12 month high of $95.51.

SPDR S&P 400 Mid Cap Growth 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.