Navigation Group LLC Invests $975,000 in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Navigation Group LLC acquired a new position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) during the 1st quarter, according to its most recent filing with the SEC. The fund acquired 10,159 shares of the company’s stock, valued at approximately $975,000.

Several other institutional investors and hedge funds have also made changes to their positions in MDYG. IMC Chicago LLC purchased a new position in SPDR S&P 400 Mid Cap Growth ETF during the 1st quarter valued at about $926,000. Sigma Planning Corp raised its position in SPDR S&P 400 Mid Cap Growth ETF by 12.9% during the first quarter. Sigma Planning Corp now owns 3,845 shares of the company’s stock worth $369,000 after acquiring an additional 438 shares during the last quarter. Broadview Financial Management LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 2.6% in the first quarter. Broadview Financial Management LLC now owns 16,312 shares of the company’s stock valued at $1,565,000 after purchasing an additional 421 shares in the last quarter. Avantax Planning Partners Inc. lifted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 11.6% in the first quarter. Avantax Planning Partners Inc. now owns 321,914 shares of the company’s stock valued at $30,891,000 after purchasing an additional 33,447 shares in the last quarter. Finally, Chicago Partners Investment Group LLC grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF by 5.4% in the first quarter. Chicago Partners Investment Group LLC now owns 74,312 shares of the company’s stock valued at $7,740,000 after purchasing an additional 3,788 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

MDYG stock opened at $108.35 on Thursday. The company’s 50 day simple moving average is $108.51 and its 200-day simple moving average is $102.26. SPDR S&P 400 Mid Cap Growth ETF has a 12 month low of $86.23 and a 12 month high of $112.17. The firm has a market capitalization of $2.83 billion, a PE ratio of 22.35 and a beta of 1.05.

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.