Key Financial Inc Sells 1,985 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Key Financial Inc reduced its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 9.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,887 shares of the company’s stock after selling 1,985 shares during the period. Key Financial Inc owned 0.07% of SPDR S&P 400 Mid CapGrowth ETF worth $1,429,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in MDYG. Bank of New York Mellon Corp lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 7.7% in the first quarter. Bank of New York Mellon Corp now owns 3,107 shares of the company’s stock valued at $231,000 after purchasing an additional 223 shares in the last quarter. Prudential PLC lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 3.3% in the first quarter. Prudential PLC now owns 15,770 shares of the company’s stock valued at $1,170,000 after purchasing an additional 500 shares in the last quarter. Baltimore Washington Financial Advisors Inc. increased its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 8.8% in the first quarter. Baltimore Washington Financial Advisors Inc. now owns 3,244 shares of the company’s stock valued at $243,000 after acquiring an additional 263 shares during the last quarter. Mariner LLC increased its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 4.4% in the first quarter. Mariner LLC now owns 95,286 shares of the company’s stock valued at $7,071,000 after acquiring an additional 3,993 shares during the last quarter. Finally, Signet Financial Management LLC increased its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 1.3% in the first quarter. Signet Financial Management LLC now owns 165,045 shares of the company’s stock valued at $12,248,000 after acquiring an additional 2,118 shares during the last quarter.

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

Shares of NYSEARCA MDYG traded down $0.84 during midday trading on Wednesday, hitting $81.54. 135,518 shares of the company’s stock were exchanged, compared to its average volume of 196,245. SPDR S&P 400 Mid CapGrowth ETF has a 12 month low of $64.67 and a 12 month high of $87.69. The company’s 50 day moving average price is $83.37 and its 200 day moving average price is $75.82. The firm has a market capitalization of $2.87 billion, a PE ratio of 18.34 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.