TIAA Trust National Association Has $24.07 Million Stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

TIAA Trust National Association grew its position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 61.2% during the second quarter, HoldingsChannel reports. The firm owned 286,279 shares of the company’s stock after buying an additional 108,677 shares during the quarter. TIAA Trust National Association’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $24,065,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of MDYG. Harbour Investments Inc. increased its position in SPDR S&P 400 Mid CapGrowth ETF by 3.5% in the 2nd quarter. Harbour Investments Inc. now owns 3,551 shares of the company’s stock worth $299,000 after buying an additional 119 shares during the period. Retirement Planning Group LLC boosted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 3.6% in the 1st quarter. Retirement Planning Group LLC now owns 3,655 shares of the company’s stock valued at $319,000 after purchasing an additional 127 shares during the period. John W. Brooker & Co. CPAs increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.0% during the 2nd quarter. John W. Brooker & Co. CPAs now owns 6,767 shares of the company’s stock worth $569,000 after purchasing an additional 135 shares during the period. Inspirion Wealth Advisors LLC raised its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.4% during the second quarter. Inspirion Wealth Advisors LLC now owns 7,637 shares of the company’s stock valued at $642,000 after buying an additional 180 shares during the last quarter. Finally, Heritage Wealth Management Inc. CA lifted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 1.2% in the second quarter. Heritage Wealth Management Inc. CA now owns 15,664 shares of the company’s stock valued at $1,317,000 after buying an additional 189 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Stock Down 3.1 %

Shares of MDYG opened at $84.29 on Wednesday. The stock’s 50-day moving average price is $85.14 and its 200 day moving average price is $84.60. SPDR S&P 400 Mid CapGrowth ETF has a 12-month low of $64.67 and a 12-month high of $89.30. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09.

About SPDR S&P 400 Mid CapGrowth ETF

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.