Clarus Wealth Advisors Takes $2.56 Million Position in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Clarus Wealth Advisors acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 26,205 shares of the company’s stock, valued at approximately $2,559,000. SPDR S&P 400 Mid Cap Growth ETF makes up about 1.1% of Clarus Wealth Advisors’ investment portfolio, making the stock its 25th biggest position. Clarus Wealth Advisors owned 0.10% of SPDR S&P 400 Mid Cap Growth ETF at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. JDM Financial Group LLC bought a new stake in SPDR S&P 400 Mid Cap Growth ETF during the third quarter valued at approximately $25,000. Caitlin John LLC bought a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the 3rd quarter worth $28,000. Hantz Financial Services Inc. increased its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 760.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 327 shares of the company’s stock worth $30,000 after buying an additional 289 shares during the last quarter. Atwood & Palmer Inc. purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter valued at $49,000. Finally, Financial Life Planners purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter valued at $59,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

NYSEARCA MDYG opened at $94.00 on Friday. SPDR S&P 400 Mid Cap Growth ETF has a 52-week low of $68.59 and a 52-week high of $103.24. The company has a fifty day moving average of $98.49 and a 200-day moving average of $94.60. The company has a market capitalization of $2.43 billion, a P/E 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.