Heritage Wealth Management Inc. CA Has $1.97 Million Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Heritage Wealth Management Inc. CA increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 47.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,649 shares of the company’s stock after acquiring an additional 7,313 shares during the period. SPDR S&P 400 Mid CapGrowth ETF comprises approximately 1.4% of Heritage Wealth Management Inc. CA’s holdings, making the stock its 17th largest holding. Heritage Wealth Management Inc. CA’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $1,968,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Legacy Investment Solutions LLC acquired a new position in SPDR S&P 400 Mid CapGrowth ETF in the third quarter worth $25,000. Centricity Wealth Management LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the fourth quarter valued at about $26,000. Cape Investment Advisory Inc. lifted its position in SPDR S&P 400 Mid CapGrowth ETF by 198.1% during the 4th quarter. Cape Investment Advisory Inc. now owns 310 shares of the company’s stock worth $27,000 after buying an additional 206 shares in the last quarter. Capital Investment Advisory Services LLC grew its holdings in SPDR S&P 400 Mid CapGrowth ETF by 110.1% during the 4th quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock worth $36,000 after acquiring an additional 219 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in SPDR S&P 400 Mid CapGrowth ETF by 189.2% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 535 shares of the company’s stock worth $46,000 after acquiring an additional 350 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Trading Up 2.8 %

Shares of NYSEARCA MDYG opened at $82.85 on Tuesday. SPDR S&P 400 Mid CapGrowth ETF has a 1-year low of $77.49 and a 1-year high of $95.51. The company has a 50-day moving average of $86.48 and a two-hundred day moving average of $88.12. The company has a market cap of $2.62 billion, a PE ratio of 21.05 and a beta of 1.12.

SPDR S&P 400 Mid CapGrowth ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be given a $0.1481 dividend. The ex-dividend date is Monday, March 24th.

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.