Park Avenue Securities LLC Grows Position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG)

Park Avenue Securities LLC grew its stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 124.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,339 shares of the company’s stock after purchasing an additional 15,172 shares during the period. Park Avenue Securities LLC owned about 0.09% of SPDR S&P 400 Mid Cap Growth ETF worth $2,172,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Private Trust Co. NA raised its stake in SPDR S&P 400 Mid Cap Growth ETF by 6.4% in the 4th quarter. Private Trust Co. NA now owns 2,065 shares of the company’s stock valued at $179,000 after purchasing an additional 125 shares during the last quarter. Nwam LLC raised its stake in SPDR S&P 400 Mid Cap Growth ETF by 2.6% in the 4th quarter. Nwam LLC now owns 7,218 shares of the company’s stock valued at $627,000 after purchasing an additional 185 shares during the last quarter. Cape Investment Advisory Inc. raised its stake in SPDR S&P 400 Mid Cap Growth ETF by 198.1% in the 4th quarter. Cape Investment Advisory Inc. now owns 310 shares of the company’s stock valued at $27,000 after purchasing an additional 206 shares during the last quarter. Smith Anglin Financial LLC raised its stake in SPDR S&P 400 Mid Cap Growth ETF by 1.3% in the 1st quarter. Smith Anglin Financial LLC now owns 16,845 shares of the company’s stock valued at $1,338,000 after purchasing an additional 208 shares during the last quarter. Finally, Advisors Capital Management LLC increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 4.7% in the 4th quarter. Advisors Capital Management LLC now owns 5,502 shares of the company’s stock worth $478,000 after acquiring an additional 247 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Stock Down 0.2%

Shares of MDYG opened at $85.66 on Wednesday. SPDR S&P 400 Mid Cap Growth ETF has a 52-week low of $68.59 and a 52-week high of $95.51. The company has a market capitalization of $2.24 billion, a PE ratio of 20.98 and a beta of 1.09. The stock has a fifty day simple moving average of $80.57 and a two-hundred day simple moving average of $85.04.

SPDR S&P 400 Mid Cap Growth ETF Company 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.