SPDR S&P 400 Mid Cap Growth ETF $MDYG Holdings Boosted by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. raised its stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 12.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 245,430 shares of the company’s stock after acquiring an additional 26,989 shares during the period. SPDR S&P 400 Mid Cap Growth ETF accounts for about 0.6% of Avantax Planning Partners Inc.’s investment portfolio, making the stock its 26th biggest holding. Avantax Planning Partners Inc. owned about 0.94% of SPDR S&P 400 Mid Cap Growth ETF worth $22,472,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in MDYG. NorthRock Partners LLC boosted its position in SPDR S&P 400 Mid Cap Growth ETF by 4.7% during the 2nd quarter. NorthRock Partners LLC now owns 1,069,712 shares of the company’s stock valued at $92,926,000 after purchasing an additional 47,936 shares during the period. AE Wealth Management LLC increased its position in SPDR S&P 400 Mid Cap Growth ETF by 1.1% in the second quarter. AE Wealth Management LLC now owns 739,745 shares of the company’s stock worth $64,262,000 after buying an additional 8,307 shares during the period. Benjamin Edwards Inc. lifted its stake in SPDR S&P 400 Mid Cap Growth ETF by 23.3% in the third quarter. Benjamin Edwards Inc. now owns 605,203 shares of the company’s stock valued at $55,413,000 after buying an additional 114,306 shares during the last quarter. FAS Wealth Partners Inc. boosted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 1.9% during the third quarter. FAS Wealth Partners Inc. now owns 488,947 shares of the company’s stock valued at $44,768,000 after acquiring an additional 9,183 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 15.1% during the second quarter. Raymond James Financial Inc. now owns 397,080 shares of the company’s stock valued at $34,494,000 after acquiring an additional 52,106 shares during the period.

SPDR S&P 400 Mid Cap Growth ETF Stock Down 1.0%

MDYG stock opened at $98.03 on Monday. SPDR S&P 400 Mid Cap Growth ETF has a fifty-two week low of $68.59 and a fifty-two week high of $99.97. The firm’s 50-day simple moving average is $93.99 and its 200 day simple moving average is $91.78. The stock has a market cap of $2.60 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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations between $850 million and $3.8 billion.