Stratos Wealth Advisors LLC Reduces Stock Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Stratos Wealth Advisors LLC lowered its holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 2.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,780 shares of the company’s stock after selling 117 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $415,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MDYG. Dynamic Advisor Solutions LLC purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter valued at about $204,000. Brookstone Capital Management raised its position in SPDR S&P 400 Mid CapGrowth ETF by 132.7% during the third quarter. Brookstone Capital Management now owns 10,549 shares of the company’s stock valued at $926,000 after acquiring an additional 6,015 shares in the last quarter. CWM LLC lifted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 69.6% in the third quarter. CWM LLC now owns 30,230 shares of the company’s stock valued at $2,652,000 after acquiring an additional 12,409 shares during the period. Rappaport Reiches Capital Management LLC purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter worth approximately $431,000. Finally, Maltin Wealth Management Inc. grew its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 10.6% during the 3rd quarter. Maltin Wealth Management Inc. now owns 3,067 shares of the company’s stock worth $269,000 after purchasing an additional 294 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

MDYG opened at $89.76 on Friday. The firm has a fifty day moving average price of $90.02 and a 200 day moving average price of $88.28. SPDR S&P 400 Mid CapGrowth ETF has a 1 year low of $77.26 and a 1 year high of $95.51. The stock has a market cap of $3.18 billion, a P/E ratio of 18.50 and a beta of 1.09.

About SPDR S&P 400 Mid CapGrowth 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.