Cvfg LLC Takes $839,000 Position in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Cvfg LLC acquired a new position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 8,745 shares of the company’s stock, valued at approximately $839,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P 400 Mid Cap Growth ETF during the 4th quarter valued at about $30,000. KERR FINANCIAL PLANNING Corp increased its stake in SPDR S&P 400 Mid Cap Growth ETF by 50.0% in the 1st quarter. KERR FINANCIAL PLANNING Corp now owns 342 shares of the company’s stock worth $34,000 after purchasing an additional 114 shares during the period. Arax Advisory Partners purchased a new position in SPDR S&P 400 Mid Cap Growth ETF in the 4th quarter worth approximately $51,000. Financial Life Planners bought a new stake in SPDR S&P 400 Mid Cap Growth ETF in the third quarter valued at approximately $59,000. Finally, Turtle Creek Wealth Advisors LLC bought a new stake in SPDR S&P 400 Mid Cap Growth ETF in the first quarter valued at approximately $73,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

NYSEARCA:MDYG opened at $107.60 on Thursday. SPDR S&P 400 Mid Cap Growth ETF has a fifty-two week low of $86.23 and a fifty-two week high of $112.17. The firm has a market cap of $2.81 billion, a PE ratio of 22.35 and a beta of 1.05. The business has a 50 day moving average price of $108.10 and a 200-day moving average price of $101.76.

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.