SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) Stock Position Raised by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC lifted its position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 0.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 82,784 shares of the company’s stock after acquiring an additional 486 shares during the quarter. SPDR S&P 400 Mid CapGrowth ETF makes up about 1.0% of Perennial Investment Advisors LLC’s holdings, making the stock its 22nd biggest holding. Perennial Investment Advisors LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $6,959,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the 2nd quarter valued at approximately $40,000. Richardson Financial Services Inc. acquired a new position in SPDR S&P 400 Mid CapGrowth ETF in the 1st quarter valued at approximately $42,000. Turtle Creek Wealth Advisors LLC acquired a new position in SPDR S&P 400 Mid CapGrowth ETF in the 2nd quarter valued at approximately $64,000. Assetmark Inc. increased its stake in SPDR S&P 400 Mid CapGrowth ETF by 4,592.6% in the 4th quarter. Assetmark Inc. now owns 1,267 shares of the company’s stock valued at $96,000 after buying an additional 1,240 shares during the period. Finally, Arcadia Investment Management Corp MI increased its stake in SPDR S&P 400 Mid CapGrowth ETF by 115.4% in the 2nd quarter. Arcadia Investment Management Corp MI now owns 1,400 shares of the company’s stock valued at $118,000 after buying an additional 750 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

SPDR S&P 400 Mid CapGrowth ETF stock opened at $86.10 on Tuesday. The firm has a market cap of $3.05 billion, a PE ratio of 18.50 and a beta of 1.09. The firm’s 50 day moving average price is $85.17 and its two-hundred day moving average price is $84.80. SPDR S&P 400 Mid CapGrowth ETF has a twelve month low of $64.67 and a twelve month 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.