Cvfg LLC Invests $839,000 in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Cvfg LLC bought a new position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 8,745 shares of the company’s stock, valued at approximately $839,000.

A number of other large investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the 4th quarter worth about $30,000. KERR FINANCIAL PLANNING Corp raised its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 50.0% during the 1st quarter. KERR FINANCIAL PLANNING Corp now owns 342 shares of the company’s stock valued at $34,000 after buying an additional 114 shares in the last quarter. Arax Advisory Partners bought a new stake in SPDR S&P 400 Mid Cap Growth ETF in the 4th quarter worth approximately $51,000. Financial Life Planners bought a new stake in SPDR S&P 400 Mid Cap Growth ETF in the 3rd quarter worth approximately $59,000. Finally, Turtle Creek Wealth Advisors LLC purchased a new stake in SPDR S&P 400 Mid Cap Growth ETF in the first quarter worth approximately $73,000.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

Shares of NYSEARCA MDYG opened at $107.60 on Thursday. SPDR S&P 400 Mid Cap Growth ETF has a one year low of $86.23 and a one year high of $112.17. The firm’s 50 day simple moving average is $108.10 and its two-hundred day simple moving average is $101.76. The stock has a market capitalization of $2.81 billion, a P/E ratio of 22.35 and a beta of 1.05.

SPDR S&P 400 Mid Cap Growth 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. 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.