Financial Engines Advisors L.L.C. Has $120.63 Million Stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Financial Engines Advisors L.L.C. reduced its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 3.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,388,327 shares of the company’s stock after selling 45,405 shares during the quarter. Financial Engines Advisors L.L.C. owned 3.92% of SPDR S&P 400 Mid CapGrowth ETF worth $120,632,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Cerity Partners LLC lifted its position in SPDR S&P 400 Mid CapGrowth ETF by 33.5% during the 3rd quarter. Cerity Partners LLC now owns 11,296 shares of the company’s stock worth $991,000 after buying an additional 2,834 shares in the last quarter. RPg Family Wealth Advisory LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the third quarter valued at about $48,000. Captrust Financial Advisors raised its holdings in SPDR S&P 400 Mid CapGrowth ETF by 130.8% during the third quarter. Captrust Financial Advisors now owns 23,861 shares of the company’s stock worth $2,094,000 after acquiring an additional 13,522 shares in the last quarter. Benjamin Edwards Inc. boosted its position in SPDR S&P 400 Mid CapGrowth ETF by 6,605.5% during the third quarter. Benjamin Edwards Inc. now owns 992,944 shares of the company’s stock valued at $87,122,000 after purchasing an additional 978,136 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 6.7% in the third quarter. HighTower Advisors LLC now owns 255,852 shares of the company’s stock valued at $22,442,000 after purchasing an additional 16,071 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Down 0.2 %

NYSEARCA:MDYG opened at $82.72 on Wednesday. SPDR S&P 400 Mid CapGrowth ETF has a twelve month low of $77.49 and a twelve month high of $95.51. The firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of 21.35 and a beta of 1.12. The stock’s 50 day moving average price is $86.37 and its two-hundred day moving average price is $88.12.

SPDR S&P 400 Mid CapGrowth ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be given a dividend of $0.1481 per share. The ex-dividend date is Monday, March 24th.

SPDR S&P 400 Mid CapGrowth ETF 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.