SPDR S&P 400 Mid Cap Growth ETF $MDYG is SFG Wealth Management LLC.’s 5th Largest Position

SFG Wealth Management LLC. boosted its stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 8.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 160,379 shares of the company’s stock after acquiring an additional 12,930 shares during the period. SPDR S&P 400 Mid Cap Growth ETF comprises approximately 5.8% of SFG Wealth Management LLC.’s portfolio, making the stock its 5th largest position. SFG Wealth Management LLC. owned approximately 0.61% of SPDR S&P 400 Mid Cap Growth ETF worth $14,824,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caitlin John LLC purchased a new stake in SPDR S&P 400 Mid Cap Growth ETF in the third quarter valued at $28,000. Hantz Financial Services Inc. lifted its position in SPDR S&P 400 Mid Cap Growth ETF by 760.5% in the third quarter. Hantz Financial Services Inc. now owns 327 shares of the company’s stock valued at $30,000 after acquiring an additional 289 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P 400 Mid Cap Growth ETF in the fourth quarter valued at $30,000. Financial Life Planners purchased a new stake in SPDR S&P 400 Mid Cap Growth ETF in the third quarter valued at $59,000. Finally, Smartleaf Asset Management LLC lifted its position in SPDR S&P 400 Mid Cap Growth ETF by 279.8% in the second quarter. Smartleaf Asset Management LLC now owns 1,675 shares of the company’s stock valued at $145,000 after acquiring an additional 1,234 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

Shares of MDYG opened at $108.27 on Thursday. The stock has a market cap of $2.81 billion, a PE ratio of 22.35 and a beta of 1.06. SPDR S&P 400 Mid Cap Growth ETF has a 1-year low of $80.88 and a 1-year high of $108.28. The firm has a fifty day moving average price of $99.92 and a 200 day moving average price of $96.44.

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. 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.