AE Wealth Management LLC Purchases 119,911 Shares of SPDR S&P 400 Mid Cap Growth ETF $MDYG

AE Wealth Management LLC grew its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 16.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 859,656 shares of the company’s stock after purchasing an additional 119,911 shares during the quarter. AE Wealth Management LLC owned about 3.29% of SPDR S&P 400 Mid Cap Growth ETF worth $78,710,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of MDYG. Corient Private Wealth LLC boosted its holdings in SPDR S&P 400 Mid Cap Growth ETF by 104.5% in the 2nd quarter. Corient Private Wealth LLC now owns 296,652 shares of the company’s stock worth $25,771,000 after buying an additional 151,605 shares during the period. Benjamin Edwards Inc. lifted its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 23.3% during the third quarter. Benjamin Edwards Inc. now owns 605,203 shares of the company’s stock worth $55,413,000 after acquiring an additional 114,306 shares in the last quarter. Cordatus Wealth Management LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the second quarter worth $5,405,000. Prospera Financial Services Inc boosted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 926.5% in the second quarter. Prospera Financial Services Inc now owns 63,047 shares of the company’s stock worth $5,477,000 after acquiring an additional 56,905 shares during the period. Finally, Raymond James Financial Inc. grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 15.1% in the second quarter. Raymond James Financial Inc. now owns 397,080 shares of the company’s stock valued at $34,494,000 after purchasing an additional 52,106 shares in the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

NYSEARCA:MDYG opened at $98.09 on Thursday. The business’s fifty day moving average is $94.55 and its 200 day moving average is $91.96. The firm has a market cap of $2.60 billion, a price-to-earnings ratio of 22.35 and a beta of 1.08. SPDR S&P 400 Mid Cap Growth ETF has a 52-week low of $68.59 and a 52-week high of $99.97.

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. 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.