Prestige Wealth Management Group LLC Sells 1,032 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Prestige Wealth Management Group LLC decreased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 1.3% in the fourth quarter, Holdings Channel reports. The firm owned 79,042 shares of the company’s stock after selling 1,032 shares during the quarter. SPDR S&P 400 Mid CapGrowth ETF comprises about 2.1% of Prestige Wealth Management Group LLC’s portfolio, making the stock its 17th biggest holding. Prestige Wealth Management Group LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $6,868,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Kingsview Wealth Management LLC grew its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 16.7% in the 3rd quarter. Kingsview Wealth Management LLC now owns 44,648 shares of the company’s stock worth $3,917,000 after purchasing an additional 6,385 shares during the last quarter. Cerity Partners LLC boosted its position in SPDR S&P 400 Mid CapGrowth ETF by 33.5% in the third quarter. Cerity Partners LLC now owns 11,296 shares of the company’s stock valued at $991,000 after buying an additional 2,834 shares in the last quarter. RPg Family Wealth Advisory LLC bought a new stake in SPDR S&P 400 Mid CapGrowth ETF during the third quarter worth about $48,000. Captrust Financial Advisors grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 130.8% during the third quarter. Captrust Financial Advisors now owns 23,861 shares of the company’s stock worth $2,094,000 after buying an additional 13,522 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 6,605.5% during the third quarter. Benjamin Edwards Inc. now owns 992,944 shares of the company’s stock worth $87,122,000 after buying an additional 978,136 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

Shares of MDYG opened at $82.85 on Tuesday. The company has a market capitalization of $2.62 billion, a P/E ratio of 21.05 and a beta of 1.12. SPDR S&P 400 Mid CapGrowth ETF has a one year low of $77.49 and a one year high of $95.51. The business’s 50 day simple moving average is $86.48 and its 200-day simple moving average is $88.12.

SPDR S&P 400 Mid CapGrowth ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be issued a dividend of $0.1481 per share. The ex-dividend date is Monday, March 24th.

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.