Balanced Wealth Group LLC Increases Stock Position in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Balanced Wealth Group LLC lifted its stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 3.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 140,134 shares of the company’s stock after buying an additional 5,324 shares during the period. SPDR S&P 400 Mid Cap Growth ETF makes up approximately 4.7% of Balanced Wealth Group LLC’s investment portfolio, making the stock its 7th biggest position. Balanced Wealth Group LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $12,850,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. JDM Financial Group LLC acquired a new position in SPDR S&P 400 Mid Cap Growth ETF during the third quarter worth about $25,000. Caitlin John LLC bought a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the third quarter worth about $28,000. Hantz Financial Services Inc. boosted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 760.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 327 shares of the company’s stock valued at $30,000 after purchasing an additional 289 shares in the last quarter. Atwood & Palmer Inc. bought a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter valued at approximately $49,000. Finally, Financial Life Planners bought a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter valued at approximately $59,000.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

MDYG stock opened at $95.66 on Friday. The stock has a market cap of $2.48 billion, a price-to-earnings ratio of 22.35 and a beta of 1.08. The company has a 50 day simple moving average of $98.58 and a 200 day simple moving average of $94.57. SPDR S&P 400 Mid Cap Growth ETF has a 1 year low of $68.59 and a 1 year high of $103.24.

About SPDR S&P 400 Mid Cap Growth 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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations between $850 million and $3.8 billion.