Synovus Financial Corp acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 4,416 shares of the company’s stock, valued at approximately $388,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Legacy Investment Solutions LLC purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF during the third quarter valued at about $25,000. Darwin Wealth Management LLC purchased a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter worth about $27,000. Sound Income Strategies LLC acquired a new stake in SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter worth approximately $28,000. Mattson Financial Services LLC acquired a new position in SPDR S&P 400 Mid CapGrowth ETF during the second quarter valued at approximately $30,000. Finally, RPg Family Wealth Advisory LLC acquired a new position in SPDR S&P 400 Mid CapGrowth ETF during the third quarter valued at approximately $48,000.
SPDR S&P 400 Mid CapGrowth ETF Stock Down 3.8 %
SPDR S&P 400 Mid CapGrowth ETF stock opened at $87.53 on Thursday. The firm has a market capitalization of $3.10 billion, a P/E ratio of 18.50 and a beta of 1.09. The firm has a fifty day moving average of $90.77 and a 200-day moving average of $87.20. SPDR S&P 400 Mid CapGrowth ETF has a 52-week low of $73.09 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.
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