Global Assets Advisory LLC Makes New Investment in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Global Assets Advisory LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,872 shares of the company’s stock, valued at approximately $947,000.

Several other hedge funds have also recently modified their holdings of the company. Diversify Wealth Management LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the 1st quarter worth $233,000. Carnegie Investment Counsel increased its holdings in SPDR S&P 400 Mid Cap Growth ETF by 1.8% during the first quarter. Carnegie Investment Counsel now owns 5,729 shares of the company’s stock worth $550,000 after buying an additional 101 shares during the last quarter. Capital Squared Financial LLC increased its holdings in SPDR S&P 400 Mid Cap Growth ETF by 2.2% during the first quarter. Capital Squared Financial LLC now owns 19,913 shares of the company’s stock worth $1,911,000 after buying an additional 423 shares during the last quarter. Fifth Third Bancorp raised its position in SPDR S&P 400 Mid Cap Growth ETF by 39,225.0% in the first quarter. Fifth Third Bancorp now owns 12,584 shares of the company’s stock worth $1,208,000 after acquiring an additional 12,552 shares during the period. Finally, WealthShield Partners LLC boosted its stake in SPDR S&P 400 Mid Cap Growth ETF by 0.9% in the first quarter. WealthShield Partners LLC now owns 71,389 shares of the company’s stock valued at $6,850,000 after acquiring an additional 617 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

Shares of SPDR S&P 400 Mid Cap Growth ETF stock traded down $0.59 on Friday, reaching $108.82. 64,817 shares of the company traded hands, compared to its average volume of 91,306. SPDR S&P 400 Mid Cap Growth ETF has a 52 week low of $86.23 and a 52 week high of $112.17. The company has a 50 day moving average of $108.37 and a 200 day moving average of $101.92. The firm has a market capitalization of $2.84 billion, a PE 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.