SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) Shares Sold by Spence Asset Management

Spence Asset Management reduced its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 11.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,945 shares of the company’s stock after selling 2,587 shares during the quarter. SPDR S&P 400 Mid CapGrowth ETF comprises 0.6% of Spence Asset Management’s investment portfolio, making the stock its 22nd biggest position. Spence Asset Management owned about 0.06% of SPDR S&P 400 Mid CapGrowth ETF worth $1,048,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in MDYG. Financial Engines Advisors L.L.C. increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 206.7% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 1,943,028 shares of the company’s stock worth $89,595,000 after buying an additional 1,309,450 shares during the last quarter. Townsquare Capital LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the 4th quarter worth $14,205,000. Pensionmark Financial Group LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the 4th quarter worth $7,793,000. Rehmann Capital Advisory Group increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 5,495.0% in the 3rd quarter. Rehmann Capital Advisory Group now owns 110,781 shares of the company’s stock worth $1,980,000 after buying an additional 108,801 shares during the last quarter. Finally, Waller Financial Planning Group Inc. bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the 4th quarter valued at $4,753,000.

MDYG stock opened at $54.44 on Thursday. SPDR S&P 400 Mid CapGrowth ETF has a 52 week low of $43.09 and a 52 week high of $57.22.

WARNING: “SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) Shares Sold by Spence Asset Management” was posted by Baseball Daily News and is owned by of Baseball Daily News. If you are viewing this story on another publication, it was stolen and reposted in violation of US & international trademark and copyright laws. The correct version of this story can be read at https://www.baseballdailydigest.com/news/2019/04/25/spence-asset-management-has-1-05-million-position-in-spdr-sp-400-mid-capgrowth-etf-mdyg.html.

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.

Recommended Story: What is the Producer Price Index (PPI)?

Institutional Ownership by Quarter for SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Receive News & Ratings for SPDR S&P 400 Mid CapGrowth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 400 Mid CapGrowth ETF and related companies with MarketBeat.com's FREE daily email newsletter.