Valley Forge Investment Consultants Inc. ADV Sells 462 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Valley Forge Investment Consultants Inc. ADV reduced its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 7.1% during the second quarter, according to its most recent filing with the SEC. The fund owned 6,032 shares of the company’s stock after selling 462 shares during the quarter. Valley Forge Investment Consultants Inc. ADV’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $507,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR S&P 400 Mid CapGrowth ETF in the second quarter worth about $40,000. Richardson Financial Services Inc. purchased a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the 1st quarter worth approximately $42,000. Turtle Creek Wealth Advisors LLC bought a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the 2nd quarter worth approximately $64,000. Assetmark Inc. lifted its stake in SPDR S&P 400 Mid CapGrowth ETF by 4,592.6% in the fourth quarter. Assetmark Inc. now owns 1,267 shares of the company’s stock valued at $96,000 after purchasing an additional 1,240 shares during the last quarter. Finally, Arcadia Investment Management Corp MI grew its holdings in SPDR S&P 400 Mid CapGrowth ETF by 115.4% during the second quarter. Arcadia Investment Management Corp MI now owns 1,400 shares of the company’s stock valued at $118,000 after purchasing an additional 750 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

NYSEARCA:MDYG opened at $85.43 on Monday. The company has a market capitalization of $3.03 billion, a P/E ratio of 18.50 and a beta of 1.09. The business has a fifty day simple moving average of $85.12 and a two-hundred day simple moving average of $84.77. SPDR S&P 400 Mid CapGrowth ETF has a 1 year low of $64.67 and a 1 year high of $89.30.

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.