SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) Shares Sold by Wrapmanager Inc.

Wrapmanager Inc. reduced its position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 6.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,432 shares of the company’s stock after selling 698 shares during the period. Wrapmanager Inc.’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $793,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Confluence Investment Management LLC purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the 1st quarter valued at about $37,185,000. Orion Portfolio Solutions LLC raised its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 13,939.4% during the first quarter. Orion Portfolio Solutions LLC now owns 386,927 shares of the company’s stock valued at $33,775,000 after acquiring an additional 384,171 shares during the last quarter. Tradewinds Capital Management LLC purchased a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the first quarter worth approximately $30,219,000. LPL Financial LLC raised its stake in SPDR S&P 400 Mid CapGrowth ETF by 9.8% in the 2nd quarter. LPL Financial LLC now owns 1,685,162 shares of the company’s stock valued at $141,655,000 after purchasing an additional 150,580 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in SPDR S&P 400 Mid CapGrowth ETF by 285.0% during the 1st quarter. Cetera Investment Advisers now owns 193,820 shares of the company’s stock worth $16,919,000 after purchasing an additional 143,482 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Trading Up 1.4 %

Shares of NYSEARCA MDYG opened at $85.43 on Friday. The company has a 50-day moving average of $85.12 and a 200 day moving average of $84.73. SPDR S&P 400 Mid CapGrowth ETF has a 12-month low of $64.67 and a 12-month high of $89.30. The stock has a market cap of $3.03 billion, a PE 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.