Jones Financial Companies Lllp Increases Stock Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Jones Financial Companies Lllp boosted its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 45.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 118,220 shares of the company’s stock after acquiring an additional 36,765 shares during the quarter. Jones Financial Companies Lllp owned about 0.33% of SPDR S&P 400 Mid CapGrowth ETF worth $10,272,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MDYG. Legacy Investment Solutions LLC acquired a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the third quarter worth $25,000. Centricity Wealth Management LLC purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF during the 4th quarter worth $26,000. Darwin Wealth Management LLC acquired a new position in SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter worth $27,000. Cape Investment Advisory Inc. boosted its position in SPDR S&P 400 Mid CapGrowth ETF by 198.1% in the 4th quarter. Cape Investment Advisory Inc. now owns 310 shares of the company’s stock valued at $27,000 after buying an additional 206 shares during the last quarter. Finally, Capital Investment Advisory Services LLC grew its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 110.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock valued at $36,000 after acquiring an additional 219 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

Shares of NYSEARCA MDYG opened at $82.96 on Tuesday. The firm has a market cap of $2.64 billion, a price-to-earnings ratio of 21.87 and a beta of 1.11. SPDR S&P 400 Mid CapGrowth ETF has a 1 year low of $79.12 and a 1 year high of $95.51. The stock’s 50-day simple moving average is $88.53 and its 200-day simple moving average is $88.66.

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.