Smith Anglin Financial LLC Cuts Position in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Smith Anglin Financial LLC trimmed its position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 10.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,162 shares of the company’s stock after selling 1,683 shares during the period. Smith Anglin Financial LLC owned about 0.06% of SPDR S&P 400 Mid Cap Growth ETF worth $1,317,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Fifth Third Securities Inc. boosted its holdings in SPDR S&P 400 Mid Cap Growth ETF by 40.9% in the second quarter. Fifth Third Securities Inc. now owns 3,664 shares of the company’s stock valued at $318,000 after purchasing an additional 1,063 shares in the last quarter. XY Planning Network Inc. acquired a new position in SPDR S&P 400 Mid Cap Growth ETF in the second quarter valued at approximately $780,000. Motive Wealth Advisors boosted its holdings in SPDR S&P 400 Mid Cap Growth ETF by 56.8% in the second quarter. Motive Wealth Advisors now owns 4,354 shares of the company’s stock valued at $378,000 after purchasing an additional 1,577 shares in the last quarter. Pine Haven Investment Counsel Inc acquired a new position in SPDR S&P 400 Mid Cap Growth ETF in the second quarter valued at approximately $258,000. Finally, Norden Group LLC boosted its holdings in SPDR S&P 400 Mid Cap Growth ETF by 36.9% in the second quarter. Norden Group LLC now owns 5,191 shares of the company’s stock valued at $451,000 after purchasing an additional 1,400 shares in the last quarter.

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

Shares of MDYG opened at $91.62 on Monday. The stock has a 50 day moving average price of $90.31 and a 200 day moving average price of $85.19. The company has a market capitalization of $2.42 billion, a price-to-earnings ratio of 22.35 and a beta of 1.09. SPDR S&P 400 Mid Cap Growth ETF has a 52-week low of $68.59 and a 52-week high of $95.51.

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.