8,544 Shares in SPDR S&P 400 Mid Cap Growth ETF $MDYG Bought by Kinetic Wealth Investment Advisors LLC

Kinetic Wealth Investment Advisors LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) during the second quarter, Holdings Channel.com reports. The fund bought 8,544 shares of the company’s stock, valued at approximately $958,000. SPDR S&P 400 Mid Cap Growth ETF accounts for approximately 0.4% of Kinetic Wealth Investment Advisors LLC’s investment portfolio, making the stock its 29th biggest holding.

Other hedge funds also recently made changes to their positions in the company. Carnegie Investment Counsel lifted its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 1.8% in the first quarter. Carnegie Investment Counsel now owns 5,729 shares of the company’s stock worth $550,000 after buying an additional 101 shares in the last quarter. KERR FINANCIAL PLANNING Corp boosted its stake in SPDR S&P 400 Mid Cap Growth ETF by 50.0% during the first quarter. KERR FINANCIAL PLANNING Corp now owns 342 shares of the company’s stock valued at $34,000 after buying an additional 114 shares during the last quarter. JFS Wealth Advisors LLC grew its holdings in SPDR S&P 400 Mid Cap Growth ETF by 28.2% during the 2nd quarter. JFS Wealth Advisors LLC now owns 518 shares of the company’s stock valued at $58,000 after buying an additional 114 shares in the last quarter. Tucker Asset Management LLC increased its stake in SPDR S&P 400 Mid Cap Growth ETF by 6.3% in the 4th quarter. Tucker Asset Management LLC now owns 1,999 shares of the company’s stock worth $185,000 after acquiring an additional 119 shares during the last quarter. Finally, CreativeOne Wealth LLC increased its stake in SPDR S&P 400 Mid Cap Growth ETF by 3.4% in the 4th quarter. CreativeOne Wealth LLC now owns 3,829 shares of the company’s stock worth $354,000 after acquiring an additional 125 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

Shares of MDYG opened at $108.32 on Tuesday. The stock has a market capitalization of $2.85 billion, a price-to-earnings ratio of 22.35 and a beta of 1.05. SPDR S&P 400 Mid Cap Growth ETF has a 1 year low of $87.09 and a 1 year high of $113.93. The business’s 50 day simple moving average is $109.30 and its 200-day simple moving average is $105.48.

SPDR S&P 400 Mid Cap Growth 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. 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.