Bank of America Corp DE Increases Position in SPDR S&P 400 Mid Cap Growth ETF (MDYG)

Bank of America Corp DE increased its stake in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 21.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 171,754 shares of the company’s stock after purchasing an additional 29,992 shares during the period. Bank of America Corp DE owned approximately 0.58% of SPDR S&P 400 Mid Cap Growth ETF worth $7,875,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of MDYG. Financial Engines Advisors L.L.C. raised its stake in SPDR S&P 400 Mid Cap Growth ETF by 206.7% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 1,943,028 shares of the company’s stock valued at $89,595,000 after buying an additional 1,309,450 shares during the period. Townsquare Capital LLC acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF during the fourth quarter worth approximately $14,205,000. Rehmann Capital Advisory Group grew its position in SPDR S&P 400 Mid Cap Growth ETF by 5,495.0% during the third 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 in the last quarter. Waller Financial Planning Group Inc. acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF during the fourth quarter worth approximately $4,753,000. Finally, JNBA Financial Advisors acquired a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF in the 4th quarter valued at $4,066,000.

Shares of MDYG stock traded down $0.11 during mid-day trading on Thursday, hitting $53.29. The company’s stock had a trading volume of 93,709 shares, compared to its average volume of 174,681. SPDR S&P 400 Mid Cap Growth ETF has a 52 week low of $43.09 and a 52 week high of $57.22.

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SPDR S&P 400 Mid Cap Growth 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.

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

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