SPDR S&P 400 Mid Cap Growth ETF $MDYG Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its holdings in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 9.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 246,622 shares of the company’s stock after buying an additional 21,735 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.95% of SPDR S&P 400 Mid Cap Growth ETF worth $22,795,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Retirement Income Solutions Inc. raised its stake in SPDR S&P 400 Mid Cap Growth ETF by 4.9% in the fourth quarter. Retirement Income Solutions Inc. now owns 2,349 shares of the company’s stock valued at $217,000 after buying an additional 109 shares in the last quarter. Tucker Asset Management LLC raised its stake in SPDR S&P 400 Mid Cap Growth ETF by 6.3% in the fourth quarter. Tucker Asset Management LLC now owns 1,999 shares of the company’s stock valued at $185,000 after buying an additional 119 shares in the last quarter. Flagstar Advisors Inc. raised its stake in SPDR S&P 400 Mid Cap Growth ETF by 2.0% in the fourth quarter. Flagstar Advisors Inc. now owns 6,498 shares of the company’s stock valued at $601,000 after buying an additional 127 shares in the last quarter. Norden Group LLC raised its stake in SPDR S&P 400 Mid Cap Growth ETF by 2.5% in the fourth quarter. Norden Group LLC now owns 5,427 shares of the company’s stock valued at $502,000 after buying an additional 134 shares in the last quarter. Finally, US Bancorp DE raised its stake in SPDR S&P 400 Mid Cap Growth ETF by 0.6% in the third quarter. US Bancorp DE now owns 22,119 shares of the company’s stock valued at $2,025,000 after buying an additional 136 shares in the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

Shares of MDYG stock opened at $108.95 on Monday. The stock’s 50-day moving average is $102.55 and its two-hundred day moving average is $98.25. The firm has a market cap of $2.83 billion, a price-to-earnings ratio of 22.35 and a beta of 1.06. SPDR S&P 400 Mid Cap Growth ETF has a 1 year low of $83.01 and a 1 year high of $109.31.

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.