Avantax Planning Partners Inc. Boosts Holdings in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Avantax Planning Partners Inc. grew its stake in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 11.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 321,914 shares of the company’s stock after acquiring an additional 33,447 shares during the quarter. SPDR S&P 400 Mid Cap Growth ETF comprises about 0.8% of Avantax Planning Partners Inc.’s holdings, making the stock its 25th largest position. Avantax Planning Partners Inc. owned 1.24% of SPDR S&P 400 Mid Cap Growth ETF worth $30,891,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of MDYG. Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR S&P 400 Mid Cap Growth ETF during the fourth quarter worth approximately $30,000. KERR FINANCIAL PLANNING Corp boosted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 50.0% in the 1st quarter. KERR FINANCIAL PLANNING Corp now owns 342 shares of the company’s stock valued at $34,000 after purchasing an additional 114 shares during the last quarter. Arax Advisory Partners acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the 4th quarter valued at $51,000. Financial Life Planners purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the 1st quarter valued at $62,000. Finally, Turtle Creek Wealth Advisors LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the 1st quarter valued at $73,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Down 1.0%

MDYG stock opened at $107.74 on Tuesday. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 22.35 and a beta of 1.05. The business has a fifty day simple moving average of $108.45 and a 200-day simple moving average of $102.07. SPDR S&P 400 Mid Cap Growth ETF has a 52 week low of $86.23 and a 52 week high of $112.17.

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.