Jane Street Group LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 44,746 shares of the company’s stock, valued at approximately $2,417,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Financial Engines Advisors L.L.C. grew its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 1,915,473.2% during the second quarter. Financial Engines Advisors L.L.C. now owns 4,290,884 shares of the company’s stock valued at $231,750,000 after buying an additional 4,290,660 shares during the last quarter. Cornerstone Wealth Management LLC grew its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 16,253.7% during the second quarter. Cornerstone Wealth Management LLC now owns 700,101 shares of the company’s stock valued at $12,948,000 after buying an additional 695,820 shares during the last quarter. Financial Advisory Service Inc. grew its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 210.6% during the second quarter. Financial Advisory Service Inc. now owns 483,900 shares of the company’s stock valued at $26,135,000 after buying an additional 328,105 shares during the last quarter. Krilogy Financial LLC grew its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 203.1% during the second quarter. Krilogy Financial LLC now owns 303,121 shares of the company’s stock valued at $16,372,000 after buying an additional 203,129 shares during the last quarter. Finally, Tradewinds Capital Management LLC grew its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 582,582.1% during the second quarter. Tradewinds Capital Management LLC now owns 227,246 shares of the company’s stock valued at $12,274,000 after buying an additional 227,207 shares during the last quarter.

Shares of NYSEARCA MDYG opened at $55.75 on Thursday. SPDR S&P 400 Mid CapGrowth ETF has a 1 year low of $48.54 and a 1 year high of $57.22.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 27th. Stockholders of record on Tuesday, September 25th will be issued a dividend of $0.1875 per share. This is a boost from SPDR S&P 400 Mid CapGrowth ETF’s previous quarterly dividend of $0.15. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date of this dividend is Monday, September 24th.

SPDR S&P 400 Mid CapGrowth 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.

Further Reading: Market Capitalization – What it Means for Investors

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 CapGrowth ETF (NYSEARCA:MDYG).

Institutional Ownership by Quarter for SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

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