SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC lowered its position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 2.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 36,186 shares of the company’s stock after selling 836 shares during the period. Merit Financial Group LLC owned 0.10% of SPDR S&P 400 Mid CapGrowth ETF worth $3,144,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Legacy Investment Solutions LLC bought 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 position in SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter valued at about $27,000. Sound Income Strategies LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter worth approximately $28,000. Mattson Financial Services LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the second quarter valued at approximately $30,000. Finally, RPg Family Wealth Advisory LLC acquired a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the third quarter valued at approximately $48,000.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

MDYG opened at $90.52 on Monday. The business has a 50 day moving average price of $90.42 and a two-hundred day moving average price of $87.81. The company has a market capitalization of $3.21 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09. SPDR S&P 400 Mid CapGrowth ETF has a 1-year low of $73.94 and a 1-year high of $95.51.

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.