KWB Wealth Has $14.85 Million Stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

KWB Wealth trimmed its position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 3.9% in the first quarter, HoldingsChannel.com reports. The firm owned 170,127 shares of the company’s stock after selling 6,822 shares during the period. SPDR S&P 400 Mid CapGrowth ETF comprises 2.0% of KWB Wealth’s investment portfolio, making the stock its 11th largest holding. KWB Wealth’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $14,850,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of MDYG. Anchor Investment Management LLC acquired a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the fourth quarter valued at $32,000. Gradient Investments LLC raised its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 314.0% in the fourth quarter. Gradient Investments LLC now owns 472 shares of the company’s stock valued at $36,000 after purchasing an additional 358 shares in the last quarter. Fifth Third Bancorp acquired a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the fourth quarter valued at $38,000. Assetmark Inc. raised its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 4,592.6% in the fourth quarter. Assetmark Inc. now owns 1,267 shares of the company’s stock valued at $96,000 after purchasing an additional 1,240 shares in the last quarter. Finally, Private Trust Co. NA raised its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 32.7% in the fourth quarter. Private Trust Co. NA now owns 1,782 shares of the company’s stock valued at $135,000 after purchasing an additional 439 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

Shares of NYSEARCA MDYG traded up $0.49 during trading hours on Thursday, reaching $83.92. The stock had a trading volume of 83,987 shares, compared to its average volume of 283,831. The business’s fifty day moving average is $84.60 and its two-hundred day moving average is $81.68. SPDR S&P 400 Mid CapGrowth ETF has a twelve month low of $64.67 and a twelve month high of $87.69. The company has a market cap of $2.97 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09.

SPDR S&P 400 Mid CapGrowth 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.