Focus Financial Network Inc. Sells 1,182 Shares of SPDR S&P 400 Mid Cap Growth ETF $MDYG

Focus Financial Network Inc. cut its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 13.2% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 7,778 shares of the company’s stock after selling 1,182 shares during the period. Focus Financial Network Inc.’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $676,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Inspirion Wealth Advisors LLC raised its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 15.7% in the 2nd quarter. Inspirion Wealth Advisors LLC now owns 8,837 shares of the company’s stock valued at $768,000 after purchasing an additional 1,200 shares during the period. Goldstone Financial Group LLC raised its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 1.4% in the 2nd quarter. Goldstone Financial Group LLC now owns 74,658 shares of the company’s stock valued at $6,622,000 after purchasing an additional 1,025 shares during the period. Somerset Trust Co bought a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the 2nd quarter valued at about $201,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 80.7% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 853 shares of the company’s stock valued at $74,000 after purchasing an additional 381 shares during the period. Finally, Michael S. Ryan Inc. raised its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 62.2% in the 2nd quarter. Michael S. Ryan Inc. now owns 78,602 shares of the company’s stock valued at $6,828,000 after purchasing an additional 30,133 shares during the period.

SPDR S&P 400 Mid Cap Growth ETF Stock Down 0.6%

SPDR S&P 400 Mid Cap Growth ETF stock opened at $92.40 on Friday. The stock has a market cap of $2.44 billion, a P/E ratio of 22.35 and a beta of 1.09. SPDR S&P 400 Mid Cap Growth ETF has a twelve month low of $68.59 and a twelve month high of $95.51. The company’s 50-day moving average price is $89.96 and its two-hundred day moving average price is $84.74.

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.