Envestnet Asset Management Inc. Boosts Position in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Envestnet Asset Management Inc. raised its stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 2.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 465,881 shares of the company’s stock after purchasing an additional 10,289 shares during the period. Envestnet Asset Management Inc. owned 1.78% of SPDR S&P 400 Mid Cap Growth ETF worth $42,656,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MDYG. Corient Private Wealth LLC grew its position in shares of 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 valued at $25,771,000 after buying an additional 151,605 shares during the last quarter. AE Wealth Management LLC lifted its position in SPDR S&P 400 Mid Cap Growth ETF by 16.2% in the third quarter. AE Wealth Management LLC now owns 859,656 shares of the company’s stock valued at $78,710,000 after acquiring an additional 119,911 shares during the last quarter. Benjamin Edwards Inc. boosted 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 acquiring an additional 114,306 shares in the last quarter. Cordatus Wealth Management LLC acquired a new position in SPDR S&P 400 Mid Cap Growth ETF in the second quarter valued at $5,405,000. Finally, Prospera Financial Services Inc grew its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 926.5% during the second quarter. Prospera Financial Services Inc now owns 63,047 shares of the company’s stock worth $5,477,000 after purchasing an additional 56,905 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

SPDR S&P 400 Mid Cap Growth ETF stock opened at $100.26 on Wednesday. The company has a market capitalization of $2.60 billion, a P/E ratio of 22.35 and a beta of 1.08. SPDR S&P 400 Mid Cap Growth ETF has a fifty-two week low of $68.59 and a fifty-two week high of $100.92. The stock has a 50-day simple moving average of $95.78 and a 200-day simple moving average of $92.57.

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.