Cetera Investment Advisers Buys 52,797 Shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG)

Cetera Investment Advisers raised its stake in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 68.3% during the 1st quarter, Holdings Channel reports. The fund owned 130,075 shares of the company’s stock after purchasing an additional 52,797 shares during the period. Cetera Investment Advisers’ holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $10,336,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Avantax Advisory Services Inc. boosted its position in SPDR S&P 400 Mid Cap Growth ETF by 14.5% during the 1st quarter. Avantax Advisory Services Inc. now owns 41,588 shares of the company’s stock valued at $3,305,000 after acquiring an additional 5,253 shares in the last quarter. Advisor OS LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF during the 1st quarter valued at $228,000. AE Wealth Management LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 13.2% during the 1st quarter. AE Wealth Management LLC now owns 731,438 shares of the company’s stock valued at $58,120,000 after purchasing an additional 85,471 shares during the last quarter. American Financial & Tax Strategies Inc. lifted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 4.8% during the 1st quarter. American Financial & Tax Strategies Inc. now owns 19,261 shares of the company’s stock valued at $1,530,000 after purchasing an additional 881 shares during the last quarter. Finally, Milestone Asset Management Group LLC lifted its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 2.0% during the 1st quarter. Milestone Asset Management Group LLC now owns 9,134 shares of the company’s stock valued at $726,000 after purchasing an additional 177 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Trading Down 0.1%

Shares of MDYG opened at $89.98 on Thursday. SPDR S&P 400 Mid Cap Growth ETF has a 12 month low of $68.59 and a 12 month high of $95.51. The stock has a fifty day moving average price of $86.60 and a 200-day moving average price of $84.32. The firm has a market cap of $2.34 billion, a PE ratio of 22.35 and a beta of 1.09.

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.