LPL Financial LLC Reduces Holdings in SPDR S&P 400 Mid Cap Growth ETF $MDYG

LPL Financial LLC decreased its position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 1.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,750,018 shares of the company’s stock after selling 25,017 shares during the period. LPL Financial LLC owned 0.07% of SPDR S&P 400 Mid Cap Growth ETF worth $161,754,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Caitlin John LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter worth approximately $28,000. Hantz Financial Services Inc. boosted its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 760.5% during the 3rd quarter. Hantz Financial Services Inc. now owns 327 shares of the company’s stock worth $30,000 after purchasing an additional 289 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the 4th quarter worth approximately $30,000. Financial Life Planners purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter worth approximately $59,000. Finally, O Shaughnessy Asset Management LLC boosted its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 21.4% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,100 shares of the company’s stock worth $102,000 after purchasing an additional 194 shares during the period.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

NYSEARCA:MDYG opened at $105.86 on Thursday. The stock has a market capitalization of $2.75 billion, a P/E ratio of 22.35 and a beta of 1.06. The company has a 50 day moving average price of $104.60 and a 200 day moving average price of $99.30. SPDR S&P 400 Mid Cap Growth ETF has a fifty-two week low of $83.38 and a fifty-two week high of $110.49.

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.