Wrapmanager Inc. Sells 2,885 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Wrapmanager Inc. reduced its stake in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 30.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,547 shares of the company’s stock after selling 2,885 shares during the quarter. Wrapmanager Inc.’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $574,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the third quarter valued at approximately $28,000. Mattson Financial Services LLC purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the second quarter valued at approximately $30,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the second quarter valued at approximately $40,000. Concord Wealth Partners boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 22.0% during the third quarter. Concord Wealth Partners now owns 643 shares of the company’s stock valued at $56,000 after buying an additional 116 shares during the period. Finally, Turtle Creek Wealth Advisors LLC purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the second quarter valued at approximately $64,000.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

Shares of NYSEARCA MDYG opened at $89.56 on Tuesday. The firm has a market capitalization of $3.17 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09. The stock has a 50 day moving average price of $88.14 and a 200 day moving average price of $86.11. SPDR S&P 400 Mid CapGrowth ETF has a 52-week low of $69.71 and a 52-week high of $93.37.

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.