Linscomb Wealth Inc. Purchases 8,438 Shares of SPDR S&P 400 Mid Cap Growth ETF $MDYG

Linscomb Wealth Inc. lifted its position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 38.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,663 shares of the company’s stock after buying an additional 8,438 shares during the period. Linscomb Wealth Inc. owned about 0.12% of SPDR S&P 400 Mid Cap Growth ETF worth $2,834,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in MDYG. UNIVEST FINANCIAL Corp increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 1,102.7% in the 4th quarter. UNIVEST FINANCIAL Corp now owns 320,940 shares of the company’s stock valued at $29,665,000 after buying an additional 294,255 shares in the last quarter. AE Wealth Management LLC increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 26.1% in the 4th quarter. AE Wealth Management LLC now owns 1,084,310 shares of the company’s stock valued at $100,223,000 after buying an additional 224,654 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 104.5% in the 2nd quarter. Corient Private Wealth LLC now owns 296,652 shares of the company’s stock valued at $25,771,000 after buying an additional 151,605 shares in the last quarter. Merit Financial Group LLC increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 738.4% in the 4th quarter. Merit Financial Group LLC now owns 89,545 shares of the company’s stock valued at $8,277,000 after buying an additional 78,864 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 15.1% in the 2nd quarter. Raymond James Financial Inc. now owns 397,080 shares of the company’s stock valued at $34,494,000 after buying an additional 52,106 shares in the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Stock Up 0.5%

MDYG opened at $108.95 on Friday. SPDR S&P 400 Mid Cap Growth ETF has a 12 month low of $83.01 and a 12 month high of $109.31. The company has a fifty day simple moving average of $102.55 and a 200 day simple moving average of $98.21. The stock has a market cap of $2.83 billion, a P/E ratio of 22.35 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.