Wallace Advisory Group LLC Cuts Position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Wallace Advisory Group LLC trimmed its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 3.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 3,687 shares of the company’s stock after selling 128 shares during the period. Wallace Advisory Group LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $323,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Elevated Capital Advisors LLC increased its stake in SPDR S&P 400 Mid CapGrowth ETF by 51.2% during the 4th quarter. Elevated Capital Advisors LLC now owns 11,635 shares of the company’s stock valued at $1,011,000 after purchasing an additional 3,940 shares in the last quarter. Cooper Financial Group increased its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 6.3% during the fourth quarter. Cooper Financial Group now owns 8,275 shares of the company’s stock valued at $719,000 after acquiring an additional 490 shares in the last quarter. Brookstone Capital Management raised its holdings in SPDR S&P 400 Mid CapGrowth ETF by 35.0% in the 4th quarter. Brookstone Capital Management now owns 14,245 shares of the company’s stock worth $1,238,000 after acquiring an additional 3,696 shares during the last quarter. Michael S. Ryan Inc. lifted its position in SPDR S&P 400 Mid CapGrowth ETF by 3.0% in the 4th quarter. Michael S. Ryan Inc. now owns 37,648 shares of the company’s stock valued at $3,271,000 after acquiring an additional 1,097 shares in the last quarter. Finally, Integrated Capital Management LLC boosted its stake in SPDR S&P 400 Mid CapGrowth ETF by 3.4% during the 4th quarter. Integrated Capital Management LLC now owns 95,478 shares of the company’s stock valued at $8,296,000 after purchasing an additional 3,138 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Trading Up 0.5 %

SPDR S&P 400 Mid CapGrowth ETF stock opened at $87.03 on Tuesday. SPDR S&P 400 Mid CapGrowth ETF has a 12 month low of $73.49 and a 12 month high of $95.51. The stock has a fifty day simple moving average of $90.55 and a two-hundred day simple moving average of $87.64. The firm has a market cap of $3.09 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09.

SPDR S&P 400 Mid CapGrowth ETF 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.