Avestar Capital LLC Has $956,000 Position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Avestar Capital LLC lessened its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,003 shares of the company’s stock after selling 586 shares during the quarter. Avestar Capital LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $956,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Benjamin Edwards Inc. grew its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 6,605.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 992,944 shares of the company’s stock valued at $87,122,000 after acquiring an additional 978,136 shares in the last quarter. Stifel Financial Corp grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 146.2% in the third quarter. Stifel Financial Corp now owns 1,197,620 shares of the company’s stock valued at $105,079,000 after purchasing an additional 711,253 shares in the last quarter. Confluence Investment Management LLC increased its position in SPDR S&P 400 Mid CapGrowth ETF by 165.6% in the 3rd quarter. Confluence Investment Management LLC now owns 488,176 shares of the company’s stock worth $42,833,000 after purchasing an additional 304,355 shares during the last quarter. International Assets Investment Management LLC increased its position in SPDR S&P 400 Mid CapGrowth ETF by 8,673.6% in the 3rd quarter. International Assets Investment Management LLC now owns 211,268 shares of the company’s stock worth $18,537,000 after purchasing an additional 208,860 shares during the last quarter. Finally, Parcion Private Wealth LLC raised its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 30.8% during the 3rd quarter. Parcion Private Wealth LLC now owns 825,383 shares of the company’s stock worth $72,419,000 after purchasing an additional 194,413 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

Shares of NYSEARCA MDYG opened at $89.22 on Friday. The business has a 50 day simple moving average of $89.62 and a 200 day simple moving average of $88.37. SPDR S&P 400 Mid CapGrowth ETF has a 52 week low of $78.37 and a 52 week high of $95.51. The stock has a market cap of $3.16 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.