SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) Sees Strong Trading Volume

Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) saw an uptick in trading volume on Tuesday . 640,895 shares changed hands during mid-day trading, an increase of 203% from the previous session’s volume of 211,579 shares.The stock last traded at $85.88 and had previously closed at $85.44.

SPDR S&P 400 Mid CapGrowth ETF Trading Up 0.2 %

The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 17.93 and a beta of 1.07. The business’s 50 day moving average price is $84.27 and its two-hundred day moving average price is $77.23.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of MDYG. Financial Engines Advisors L.L.C. grew its holdings in SPDR S&P 400 Mid CapGrowth ETF by 11.9% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 1,836,885 shares of the company’s stock worth $127,002,000 after acquiring an additional 194,898 shares during the last quarter. LPL Financial LLC raised its position in SPDR S&P 400 Mid CapGrowth ETF by 10.1% during the 3rd quarter. LPL Financial LLC now owns 1,455,473 shares of the company’s stock worth $100,631,000 after purchasing an additional 132,922 shares during the last quarter. Stifel Financial Corp lifted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 0.6% during the 3rd quarter. Stifel Financial Corp now owns 1,377,827 shares of the company’s stock worth $95,267,000 after buying an additional 7,596 shares during the period. Parcion Private Wealth LLC grew its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 73.0% in the 4th quarter. Parcion Private Wealth LLC now owns 1,018,828 shares of the company’s stock valued at $77,095,000 after buying an additional 429,985 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.2% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 857,383 shares of the company’s stock worth $74,841,000 after acquiring an additional 18,428 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Company 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.