Foresight Wealth Management LLC lifted its position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 13.1% during the first quarter, HoldingsChannel reports. The firm owned 49,465 shares of the company’s stock after acquiring an additional 5,732 shares during the quarter. SPDR S&P 400 Mid CapGrowth ETF makes up about 2.3% of Foresight Wealth Management LLC’s portfolio, making the stock its 14th largest holding. Foresight Wealth Management LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $2,599,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James & Associates lifted its stake in SPDR S&P 400 Mid CapGrowth ETF by 3.7% in the 1st quarter. Raymond James & Associates now owns 61,211 shares of the company’s stock valued at $3,217,000 after buying an additional 2,190 shares in the last quarter. Cetera Advisor Networks LLC purchased a new position in SPDR S&P 400 Mid CapGrowth ETF in the 1st quarter valued at about $254,000. Cetera Advisors LLC purchased a new position in SPDR S&P 400 Mid CapGrowth ETF in the 1st quarter valued at about $176,000. First Allied Advisory Services Inc. lifted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 14.7% during the first quarter. First Allied Advisory Services Inc. now owns 81,990 shares of the company’s stock worth $4,315,000 after purchasing an additional 10,478 shares during the last quarter. Finally, SJA Financial Advisory LLC lifted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 57.1% during the first quarter. SJA Financial Advisory LLC now owns 20,859 shares of the company’s stock worth $1,096,000 after purchasing an additional 7,580 shares during the last quarter.

MDYG traded down $0.19 on Wednesday, hitting $52.26. 200 shares of the company’s stock were exchanged, compared to its average volume of 171,733. SPDR S&P 400 Mid CapGrowth ETF has a twelve month low of $43.09 and a twelve month high of $57.22.

COPYRIGHT VIOLATION WARNING: This article was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this article on another domain, it was copied illegally and reposted in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://www.watchlistnews.com/foresight-wealth-management-llc-has-2-60-million-holdings-in-spdr-sp-400-mid-capgrowth-etf-mdyg/3011285.html.

SPDR S&P 400 Mid CapGrowth 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.

Featured Article: Why investors pay attention to retained earnings

Want to see what other hedge funds are holding MDYG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG).

Institutional Ownership by Quarter for SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Receive News & Ratings for SPDR S&P 400 Mid CapGrowth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 400 Mid CapGrowth ETF and related companies with MarketBeat.com's FREE daily email newsletter.