SPDR S&P 400 Mid Cap Growth ETF $MDYG Position Boosted by Convergence Financial LLC

Convergence Financial LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 6.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 262,087 shares of the company’s stock after purchasing an additional 16,422 shares during the period. SPDR S&P 400 Mid Cap Growth ETF comprises approximately 3.6% of Convergence Financial LLC’s investment portfolio, making the stock its 7th largest holding. Convergence Financial LLC owned 1.00% of SPDR S&P 400 Mid Cap Growth ETF worth $23,997,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of MDYG. Corient Private Wealth LLC raised its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 104.5% during the 2nd quarter. Corient Private Wealth LLC now owns 296,652 shares of the company’s stock valued at $25,771,000 after purchasing an additional 151,605 shares during the period. AE Wealth Management LLC boosted its stake in SPDR S&P 400 Mid Cap Growth ETF by 16.2% in the 3rd quarter. AE Wealth Management LLC now owns 859,656 shares of the company’s stock worth $78,710,000 after purchasing an additional 119,911 shares during the period. Benjamin Edwards Inc. grew its holdings in SPDR S&P 400 Mid Cap Growth ETF by 23.3% during the 3rd 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 in the last quarter. Cordatus Wealth Management LLC purchased a new position in SPDR S&P 400 Mid Cap Growth ETF during the 2nd quarter valued at about $5,405,000. Finally, Prospera Financial Services Inc increased its position 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 valued at $5,477,000 after buying an additional 56,905 shares during the period.

SPDR S&P 400 Mid Cap Growth ETF Trading Up 0.8%

Shares of SPDR S&P 400 Mid Cap Growth ETF stock opened at $101.69 on Friday. The company’s 50-day moving average price is $96.85 and its 200-day moving average price is $93.13. SPDR S&P 400 Mid Cap Growth ETF has a 12-month low of $68.59 and a 12-month high of $102.36. The company has a market cap of $2.63 billion, a price-to-earnings ratio of 22.35 and a beta of 1.08.

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.