SPDR S&P 400 Mid Cap Growth ETF $MDYG Stake Lowered by Bank of Montreal Can

Bank of Montreal Can cut its stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 23.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,386 shares of the company’s stock after selling 2,637 shares during the quarter. Bank of Montreal Can’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $728,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Choreo LLC grew its position in SPDR S&P 400 Mid Cap Growth ETF by 5.8% during the 1st quarter. Choreo LLC now owns 4,137 shares of the company’s stock worth $329,000 after acquiring an additional 225 shares during the last quarter. XY Planning Network Inc. bought a new position in SPDR S&P 400 Mid Cap Growth ETF in the 2nd quarter valued at $780,000. Norden Group LLC boosted its stake in SPDR S&P 400 Mid Cap Growth ETF by 36.9% in the second quarter. Norden Group LLC now owns 5,191 shares of the company’s stock worth $451,000 after purchasing an additional 1,400 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 6.0% during the first quarter. PNC Financial Services Group Inc. now owns 3,042 shares of the company’s stock worth $242,000 after purchasing an additional 173 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 5.2% in the first quarter. Geneos Wealth Management Inc. now owns 28,819 shares of the company’s stock valued at $2,290,000 after buying an additional 1,422 shares in the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Trading Down 0.2%

Shares of NYSEARCA MDYG opened at $90.06 on Monday. SPDR S&P 400 Mid Cap Growth ETF has a 1-year low of $68.59 and a 1-year high of $95.51. The company has a 50-day moving average of $91.60 and a two-hundred day moving average of $88.62. The company has a market cap of $2.36 billion, a PE ratio of 22.35 and a beta of 1.08.

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.