Flagship Private Wealth LLC Invests $276,000 in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Flagship Private Wealth LLC purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 3,151 shares of the company’s stock, valued at approximately $276,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MDYG. Sound Income Strategies LLC bought a new position in SPDR S&P 400 Mid CapGrowth ETF during the third quarter worth about $28,000. Mattson Financial Services LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the second quarter worth $30,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in SPDR S&P 400 Mid CapGrowth ETF in the 2nd quarter worth $40,000. Richardson Financial Services Inc. bought a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the first quarter valued at about $42,000. Finally, Concord Wealth Partners grew its holdings in shares of 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 worth $56,000 after buying an additional 116 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Up 1.5 %

Shares of MDYG stock opened at $88.51 on Wednesday. The company’s fifty day simple moving average is $86.97 and its 200-day simple moving average is $85.57. SPDR S&P 400 Mid CapGrowth ETF has a 12 month low of $66.82 and a 12 month high of $90.00. The firm has a market cap of $3.14 billion, a PE ratio of 18.50 and a beta of 1.09.

SPDR S&P 400 Mid CapGrowth ETF 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.