Kays Financial Advisory Corp ADV Boosts Stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Kays Financial Advisory Corp ADV lifted its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 3.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 48,403 shares of the company’s stock after acquiring an additional 1,818 shares during the quarter. Kays Financial Advisory Corp ADV’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $2,628,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Macroview Investment Management LLC purchased a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the first quarter worth about $25,000. Cullen Frost Bankers Inc. purchased a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the first quarter worth about $31,000. Manchester Financial Inc. purchased a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the second quarter worth about $60,000. Cable Hill Partners LLC boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 131.1% in the first quarter. Cable Hill Partners LLC now owns 1,560 shares of the company’s stock worth $82,000 after buying an additional 885 shares during the period. Finally, Squar Milner Financial Services LLC purchased a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF in the first quarter worth about $91,000.

Shares of NYSEARCA MDYG opened at $53.78 on Friday. SPDR S&P 400 Mid CapGrowth ETF has a 1-year low of $43.09 and a 1-year high of $57.22. The stock has a 50-day moving average of $54.41.

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.

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

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