Miracle Mile Advisors LLC Sells 8,820 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Miracle Mile Advisors LLC lessened its stake in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 27.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,488 shares of the company’s stock after selling 8,820 shares during the period. Miracle Mile Advisors LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $2,050,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in MDYG. Parcion Private Wealth LLC boosted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 73.0% during the 4th quarter. Parcion Private Wealth LLC now owns 1,018,828 shares of the company’s stock valued at $77,095,000 after purchasing an additional 429,985 shares during the last quarter. Confluence Investment Management LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the 1st quarter valued at about $37,185,000. Private Advisor Group LLC boosted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 126.3% during the 4th quarter. Private Advisor Group LLC now owns 351,059 shares of the company’s stock valued at $26,565,000 after purchasing an additional 195,914 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 7,466.6% during the 4th quarter. International Assets Investment Management LLC now owns 175,016 shares of the company’s stock valued at $13,243,000 after purchasing an additional 172,703 shares during the last quarter. Finally, KWB Wealth boosted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 36.3% during the 4th quarter. KWB Wealth now owns 176,949 shares of the company’s stock valued at $13,390,000 after purchasing an additional 47,136 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Trading Down 1.0 %

Shares of NYSEARCA MDYG opened at $83.19 on Tuesday. The firm’s 50-day moving average price is $84.56 and its 200-day moving average price is $81.55. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09. SPDR S&P 400 Mid CapGrowth ETF has a 12-month low of $64.67 and a 12-month high of $87.69.

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.