New England Capital Financial Advisors LLC Raises Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

New England Capital Financial Advisors LLC lifted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 4.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,684 shares of the company’s stock after purchasing an additional 350 shares during the quarter. SPDR S&P 400 Mid CapGrowth ETF accounts for about 0.3% of New England Capital Financial Advisors LLC’s holdings, making the stock its 23rd largest position. New England Capital Financial Advisors LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $581,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MDYG. Financial Engines Advisors L.L.C. increased its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 11.9% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 1,836,885 shares of the company’s stock valued at $127,002,000 after purchasing an additional 194,898 shares during the last quarter. LPL Financial LLC boosted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 10.1% during the 3rd quarter. LPL Financial LLC now owns 1,455,473 shares of the company’s stock valued at $100,631,000 after acquiring an additional 132,922 shares during the period. Stifel Financial Corp boosted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 0.6% during the 3rd quarter. Stifel Financial Corp now owns 1,377,827 shares of the company’s stock valued at $95,267,000 after acquiring an additional 7,596 shares during the period. Parcion Private Wealth LLC boosted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 73.0% during the 4th quarter. Parcion Private Wealth LLC now owns 1,018,828 shares of the company’s stock valued at $77,095,000 after acquiring an additional 429,985 shares during the period. Finally, Townsquare Capital LLC boosted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 1.7% during the 3rd quarter. Townsquare Capital LLC now owns 681,330 shares of the company’s stock valued at $47,107,000 after acquiring an additional 11,620 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

MDYG stock traded up $1.24 during trading on Tuesday, hitting $83.12. 169,559 shares of the company traded hands, compared to its average volume of 191,388. SPDR S&P 400 Mid CapGrowth ETF has a 1 year low of $64.67 and a 1 year high of $87.69. The company has a 50-day moving average of $83.70 and a 200-day moving average of $76.31. The firm has a market capitalization of $2.93 billion, a PE ratio of 18.34 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.