SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG – Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 91,090 shares changed hands during trading, a decline of 21% from the previous session’s volume of 115,193 shares.The stock last traded at $88.26 and had previously closed at $87.03.
SPDR S&P 400 Mid CapGrowth ETF Stock Up 0.8 %
The stock has a market capitalization of $3.19 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09. The company’s 50-day moving average is $90.49 and its 200-day moving average is $87.68.
Institutional Investors Weigh In On SPDR S&P 400 Mid CapGrowth ETF
Several hedge funds and other institutional investors have recently bought and sold shares of MDYG. Legacy Investment Solutions LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the third quarter valued at about $25,000. Darwin Wealth Management LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the third quarter valued at about $27,000. Sound Income Strategies LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the third quarter valued at about $28,000. Mattson Financial Services LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the second quarter valued at about $30,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 189.2% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 535 shares of the company’s stock valued at $46,000 after acquiring an additional 350 shares during the last quarter.
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.
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