Norden Group LLC Increases Stock Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Norden Group LLC boosted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 24.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,905 shares of the company’s stock after buying an additional 767 shares during the period. Norden Group LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the third quarter worth $25,000. Centricity Wealth Management LLC purchased a new position in SPDR S&P 400 Mid CapGrowth ETF in the 4th quarter worth $26,000. Darwin Wealth Management LLC acquired a new stake in SPDR S&P 400 Mid CapGrowth ETF during the 3rd quarter worth about $27,000. Cape Investment Advisory Inc. grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 198.1% during the 4th quarter. Cape Investment Advisory Inc. now owns 310 shares of the company’s stock valued at $27,000 after purchasing an additional 206 shares during the last quarter. Finally, Capital Investment Advisory Services LLC grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 110.1% during the 4th quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock valued at $36,000 after purchasing an additional 219 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Down 1.3 %

Shares of NYSEARCA:MDYG opened at $81.91 on Wednesday. SPDR S&P 400 Mid CapGrowth ETF has a 52-week low of $79.12 and a 52-week high of $95.51. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 21.87 and a beta of 1.11. The business has a 50-day moving average price of $88.40 and a 200-day moving average price of $88.64.

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.