Destiny Capital Corp CO Makes New Investment in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Destiny Capital Corp CO purchased a new position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the third quarter, Holdings Channel.com reports. The firm purchased 17,438 shares of the company’s stock, valued at approximately $1,823,000. SPDR S&P 400 Mid Cap Growth ETF makes up approximately 0.9% of Destiny Capital Corp CO’s investment portfolio, making the stock its 18th biggest holding.

Several other institutional investors have also recently made changes to their positions in MDYG. Carnegie Investment Counsel increased its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 1.8% in the 1st quarter. Carnegie Investment Counsel now owns 5,729 shares of the company’s stock worth $550,000 after buying an additional 101 shares during the last quarter. JFS Wealth Advisors LLC grew its position in SPDR S&P 400 Mid Cap Growth ETF by 28.2% in the second quarter. JFS Wealth Advisors LLC now owns 518 shares of the company’s stock worth $58,000 after acquiring an additional 114 shares in the last quarter. PNC Financial Services Group Inc. grew its position in SPDR S&P 400 Mid Cap Growth ETF by 9.1% in the first quarter. PNC Financial Services Group Inc. now owns 1,818 shares of the company’s stock worth $174,000 after acquiring an additional 151 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new position in SPDR S&P 400 Mid Cap Growth ETF in the third quarter worth about $25,000. Finally, Balefire LLC increased its stake in SPDR S&P 400 Mid Cap Growth ETF by 7.0% during the second quarter. Balefire LLC now owns 4,766 shares of the company’s stock worth $534,000 after acquiring an additional 312 shares during the last quarter.

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

NYSEARCA MDYG traded up $1.32 during trading hours on Friday, hitting $101.02. 210,378 shares of the company were exchanged, compared to its average volume of 93,479. SPDR S&P 400 Mid Cap Growth ETF has a 52 week low of $87.09 and a 52 week high of $113.93. The stock has a 50-day moving average price of $105.14 and a 200 day moving average price of $104.63. The stock has a market cap of $2.74 billion, a PE ratio of 25.03 and a beta of 1.06.

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.