Avantax Planning Partners Inc. increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG – Free Report) by 17.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 288,467 shares of the company’s stock after buying an additional 43,037 shares during the quarter. SPDR S&P 400 Mid Cap Growth ETF accounts for 0.7% of Avantax Planning Partners Inc.’s investment portfolio, making the stock its 24th biggest holding. Avantax Planning Partners Inc.’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $26,663,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently added to or reduced their stakes in the company. Moneco Advisors LLC boosted its stake in SPDR S&P 400 Mid Cap Growth ETF by 16.2% during the 4th quarter. Moneco Advisors LLC now owns 57,369 shares of the company’s stock valued at $5,303,000 after purchasing an additional 7,997 shares in the last quarter. Heritage Wealth Management Inc. CA lifted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 7.2% in the fourth quarter. Heritage Wealth Management Inc. CA now owns 27,998 shares of the company’s stock valued at $2,588,000 after buying an additional 1,885 shares during the period. Independent Advisor Alliance boosted its stake in SPDR S&P 400 Mid Cap Growth ETF by 15.1% during the fourth quarter. Independent Advisor Alliance now owns 6,596 shares of the company’s stock valued at $610,000 after buying an additional 866 shares in the last quarter. World Investment Advisors boosted its stake in SPDR S&P 400 Mid Cap Growth ETF by 22.4% during the fourth quarter. World Investment Advisors now owns 23,911 shares of the company’s stock valued at $2,210,000 after buying an additional 4,376 shares in the last quarter. Finally, Jacksonville Wealth Management LLC acquired a new position in SPDR S&P 400 Mid Cap Growth ETF during the fourth quarter worth about $347,000.
SPDR S&P 400 Mid Cap Growth ETF Trading Up 0.5%
Shares of SPDR S&P 400 Mid Cap Growth ETF stock opened at $107.30 on Friday. SPDR S&P 400 Mid Cap Growth ETF has a 52 week low of $82.34 and a 52 week high of $109.31. The stock has a market cap of $2.78 billion, a PE ratio of 22.35 and a beta of 1.06. The company’s 50-day moving average price is $100.55 and its two-hundred day moving average price is $97.10.
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.
Recommended Stories
- Five stocks we like better than SPDR S&P 400 Mid Cap Growth ETF
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Want to see what other hedge funds are holding MDYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG – Free Report).
Receive News & Ratings for SPDR S&P 400 Mid Cap Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 400 Mid Cap Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
