Rehmann Capital Advisory Group grew its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG – Free Report) by 9.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 256,560 shares of the company’s stock after purchasing an additional 21,301 shares during the quarter. SPDR S&P 400 Mid CapGrowth ETF makes up approximately 1.5% of Rehmann Capital Advisory Group’s holdings, making the stock its 15th biggest holding. Rehmann Capital Advisory Group owned about 0.72% of SPDR S&P 400 Mid CapGrowth ETF worth $22,518,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of MDYG. Legacy Investment Solutions LLC acquired a new stake in SPDR S&P 400 Mid CapGrowth ETF during the third quarter valued at approximately $25,000. Darwin Wealth Management LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter valued at approximately $27,000. Sound Income Strategies LLC bought a new position in SPDR S&P 400 Mid CapGrowth ETF during the third quarter worth $28,000. Mattson Financial Services LLC bought a new stake in SPDR S&P 400 Mid CapGrowth ETF during the second quarter valued at $30,000. Finally, RPg Family Wealth Advisory LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the third quarter worth $48,000.
SPDR S&P 400 Mid CapGrowth ETF Stock Performance
SPDR S&P 400 Mid CapGrowth ETF stock opened at $92.32 on Wednesday. SPDR S&P 400 Mid CapGrowth ETF has a 1 year low of $72.32 and a 1 year high of $95.51. The firm’s 50-day moving average is $90.20 and its 200-day moving average is $86.90. The company has a market cap of $3.27 billion, a P/E ratio of 18.50 and a beta of 1.09.
About SPDR S&P 400 Mid CapGrowth 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.
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