Integrated Advisors Network LLC Reduces Position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Integrated Advisors Network LLC cut its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 1.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,991 shares of the company’s stock after selling 156 shares during the quarter. Integrated Advisors Network LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $789,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Sound Income Strategies LLC bought a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the third quarter valued at about $28,000. Mattson Financial Services LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the second quarter worth approximately $30,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the second quarter worth approximately $40,000. Richardson Financial Services Inc. bought a new position in SPDR S&P 400 Mid CapGrowth ETF during the first quarter valued at approximately $42,000. Finally, Concord Wealth Partners grew its position in SPDR S&P 400 Mid CapGrowth ETF by 22.0% during the third quarter. Concord Wealth Partners now owns 643 shares of the company’s stock valued at $56,000 after acquiring an additional 116 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

Shares of NYSEARCA MDYG opened at $87.70 on Thursday. SPDR S&P 400 Mid CapGrowth ETF has a one year low of $65.24 and a one year high of $90.00. The firm’s 50 day simple moving average is $86.93 and its two-hundred day simple moving average is $85.38. The stock has a market capitalization of $3.11 billion, a P/E ratio of 18.50 and a beta of 1.09.

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.