Chartist Inc. CA Sells 1,278 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Chartist Inc. CA lowered its stake in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 1.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,459 shares of the company’s stock after selling 1,278 shares during the period. SPDR S&P 400 Mid CapGrowth ETF comprises 3.8% of Chartist Inc. CA’s investment portfolio, making the stock its 5th biggest position. Chartist Inc. CA owned about 0.18% of SPDR S&P 400 Mid CapGrowth ETF worth $5,418,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in SPDR S&P 400 Mid CapGrowth ETF in the 2nd quarter valued at $40,000. Richardson Financial Services Inc. acquired a new position in SPDR S&P 400 Mid CapGrowth ETF during the first quarter worth about $42,000. Turtle Creek Wealth Advisors LLC purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF during the 2nd quarter valued at about $64,000. Assetmark Inc. raised its holdings in SPDR S&P 400 Mid CapGrowth ETF by 4,592.6% in the 4th quarter. Assetmark Inc. now owns 1,267 shares of the company’s stock valued at $96,000 after acquiring an additional 1,240 shares during the last quarter. Finally, Arcadia Investment Management Corp MI lifted its stake in SPDR S&P 400 Mid CapGrowth ETF by 115.4% in the 2nd quarter. Arcadia Investment Management Corp MI now owns 1,400 shares of the company’s stock worth $118,000 after purchasing an additional 750 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

Shares of MDYG stock traded down $1.09 during trading hours on Friday, reaching $82.42. The company had a trading volume of 52,088 shares, compared to its average volume of 249,182. SPDR S&P 400 Mid CapGrowth ETF has a 12-month low of $64.67 and a 12-month high of $89.30. The company has a market capitalization of $2.92 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09. The stock has a fifty day moving average of $85.10 and a 200-day moving average of $84.65.

SPDR S&P 400 Mid CapGrowth 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.