NorthRock Partners LLC Buys 47,936 Shares of SPDR S&P 400 Mid Cap Growth ETF $MDYG

NorthRock Partners LLC increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 4.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 1,069,712 shares of the company’s stock after purchasing an additional 47,936 shares during the quarter. SPDR S&P 400 Mid Cap Growth ETF comprises about 2.4% of NorthRock Partners LLC’s portfolio, making the stock its 10th biggest position. NorthRock Partners LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $92,926,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Mather Group LLC. acquired a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the first quarter worth about $31,000. Rossby Financial LCC acquired a new position in SPDR S&P 400 Mid Cap Growth ETF in the 1st quarter valued at about $32,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in SPDR S&P 400 Mid Cap Growth ETF in the 1st quarter valued at about $34,000. Smartleaf Asset Management LLC increased its position in SPDR S&P 400 Mid Cap Growth ETF by 114.1% in the 1st quarter. Smartleaf Asset Management LLC now owns 441 shares of the company’s stock valued at $35,000 after acquiring an additional 235 shares during the period. Finally, Compass Financial Services Inc acquired a new position in SPDR S&P 400 Mid Cap Growth ETF in the 1st quarter valued at about $57,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Down 2.6%

Shares of MDYG stock opened at $88.90 on Monday. The stock has a market capitalization of $2.35 billion, a PE ratio of 22.35 and a beta of 1.09. SPDR S&P 400 Mid Cap Growth ETF has a 52-week low of $68.59 and a 52-week high of $95.51. The stock’s 50-day moving average price is $90.75 and its 200 day moving average price is $85.90.

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.