ERn Financial LLC Lowers Stock Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

ERn Financial LLC trimmed its position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 1.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 94,801 shares of the company’s stock after selling 1,339 shares during the period. SPDR S&P 400 Mid CapGrowth ETF comprises 1.4% of ERn Financial LLC’s investment portfolio, making the stock its 19th largest position. ERn Financial LLC owned 0.27% of SPDR S&P 400 Mid CapGrowth ETF worth $8,275,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Parcion Private Wealth LLC raised its holdings in 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 worth $77,095,000 after purchasing an additional 429,985 shares in the last quarter. Confluence Investment Management LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the 1st quarter worth approximately $37,185,000. Private Advisor Group LLC lifted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 126.3% in 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 period. International Assets Investment Management LLC boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 7,466.6% during the fourth 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 in the last quarter. Finally, KWB Wealth grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 36.3% in the fourth quarter. KWB Wealth now owns 176,949 shares of the company’s stock worth $13,390,000 after purchasing an additional 47,136 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Stock Up 0.4 %

Shares of MDYG stock traded up $0.36 during mid-day trading on Thursday, reaching $84.17. 123,775 shares of the company’s stock traded hands, compared to its average volume of 288,180. The company’s 50-day moving average price is $84.44 and its 200-day moving average price is $81.35. The company has a market cap of $2.98 billion, a P/E 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.