Brookstone Capital Management increased its position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG – Free Report) by 35.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,245 shares of the company’s stock after purchasing an additional 3,696 shares during the period. Brookstone Capital Management’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $1,238,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Investment Solutions LLC purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter worth $25,000. Darwin Wealth Management LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the third quarter worth about $27,000. Sound Income Strategies LLC purchased a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the third quarter worth about $28,000. Mattson Financial Services LLC bought a new stake in SPDR S&P 400 Mid CapGrowth ETF during the 2nd quarter valued at approximately $30,000. Finally, RPg Family Wealth Advisory LLC bought a new stake in SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter valued at approximately $48,000.
SPDR S&P 400 Mid CapGrowth ETF Price Performance
MDYG stock opened at $90.09 on Friday. SPDR S&P 400 Mid CapGrowth ETF has a 1-year low of $73.49 and a 1-year high of $95.51. The business has a 50 day simple moving average of $90.49 and a two-hundred day simple moving average of $87.68. The company has a market capitalization of $3.19 billion, a price-to-earnings ratio of 18.50 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.
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