Snowden Capital Advisors LLC Sells 2,468 Shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG)

Snowden Capital Advisors LLC lowered its position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 11.7% in the 4th quarter, HoldingsChannel reports. The firm owned 18,653 shares of the company’s stock after selling 2,468 shares during the quarter. Snowden Capital Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $1,621,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. NorthRock Partners LLC lifted its stake in SPDR S&P 400 Mid Cap Growth ETF by 185.9% during the fourth quarter. NorthRock Partners LLC now owns 998,446 shares of the company’s stock worth $86,755,000 after purchasing an additional 649,192 shares during the last quarter. Obsidian Personal Planning Solutions LLC lifted its stake in SPDR S&P 400 Mid Cap Growth ETF by 9.3% during the fourth quarter. Obsidian Personal Planning Solutions LLC now owns 56,167 shares of the company’s stock worth $5,056,000 after purchasing an additional 4,796 shares during the last quarter. Focus Partners Wealth bought a new stake in SPDR S&P 400 Mid Cap Growth ETF during the fourth quarter worth about $367,000. Clark Capital Management Group Inc. lifted its stake in SPDR S&P 400 Mid Cap Growth ETF by 3.4% during the fourth quarter. Clark Capital Management Group Inc. now owns 169,663 shares of the company’s stock worth $14,742,000 after purchasing an additional 5,509 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its stake in SPDR S&P 400 Mid Cap Growth ETF by 28.7% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 5,894 shares of the company’s stock worth $512,000 after purchasing an additional 1,313 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Trading Up 1.3%

MDYG opened at $86.51 on Friday. SPDR S&P 400 Mid Cap Growth ETF has a 12 month low of $68.59 and a 12 month high of $95.51. The business’s 50-day moving average price is $79.07 and its 200-day moving average price is $85.70. The company has a market cap of $2.27 billion, a P/E ratio of 20.99 and a beta of 1.09.

About SPDR S&P 400 Mid Cap Growth ETF

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.