Stifel Financial Corp Buys 711,253 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Stifel Financial Corp raised its stake in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 146.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 1,197,620 shares of the company’s stock after buying an additional 711,253 shares during the quarter. Stifel Financial Corp’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $105,079,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Concord Wealth Partners boosted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 22.0% in the third quarter. Concord Wealth Partners now owns 643 shares of the company’s stock worth $56,000 after buying an additional 116 shares during the last quarter. Harbour Investments Inc. grew its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 3.5% during the 2nd quarter. Harbour Investments Inc. now owns 3,551 shares of the company’s stock valued at $299,000 after acquiring an additional 119 shares during the period. Koshinski Asset Management Inc. increased its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 0.3% in the 3rd quarter. Koshinski Asset Management Inc. now owns 36,690 shares of the company’s stock worth $3,219,000 after purchasing an additional 122 shares in the last quarter. Sage Financial Group Inc. raised its holdings in SPDR S&P 400 Mid CapGrowth ETF by 0.8% in the 3rd quarter. Sage Financial Group Inc. now owns 21,711 shares of the company’s stock worth $1,905,000 after purchasing an additional 165 shares during the period. Finally, Inspirion Wealth Advisors LLC lifted its position in SPDR S&P 400 Mid CapGrowth ETF by 2.4% during the second quarter. Inspirion Wealth Advisors LLC now owns 7,637 shares of the company’s stock valued at $642,000 after purchasing an additional 180 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

NYSEARCA:MDYG opened at $93.40 on Friday. The stock has a 50-day simple moving average of $89.98 and a two-hundred day simple moving average of $86.79. The firm has a market capitalization of $3.31 billion, a PE ratio of 18.50 and a beta of 1.09. SPDR S&P 400 Mid CapGrowth ETF has a 52-week low of $71.59 and a 52-week high of $95.51.

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.