Elevated Capital Advisors LLC Increases Stock Position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Elevated Capital Advisors LLC boosted its position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 51.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 11,635 shares of the company’s stock after purchasing an additional 3,940 shares during the period. Elevated Capital Advisors LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $1,011,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Citigroup Inc. grew its position in SPDR S&P 400 Mid CapGrowth ETF by 1.4% during the third quarter. Citigroup Inc. now owns 2,437,057 shares of the company’s stock valued at $213,827,000 after buying an additional 34,717 shares during the period. LPL Financial LLC raised its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.9% in the 3rd quarter. LPL Financial LLC now owns 1,734,389 shares of the company’s stock worth $152,175,000 after purchasing an additional 49,227 shares during the period. Stifel Financial Corp lifted its stake in SPDR S&P 400 Mid CapGrowth ETF by 146.2% in the third quarter. Stifel Financial Corp now owns 1,197,620 shares of the company’s stock valued at $105,079,000 after purchasing an additional 711,253 shares during the last quarter. Benjamin Edwards Inc. grew its holdings in SPDR S&P 400 Mid CapGrowth ETF by 6,605.5% during the third quarter. Benjamin Edwards Inc. now owns 992,944 shares of the company’s stock valued at $87,122,000 after purchasing an additional 978,136 shares during the period. Finally, Parcion Private Wealth LLC increased its position in SPDR S&P 400 Mid CapGrowth ETF by 30.8% in the third quarter. Parcion Private Wealth LLC now owns 825,383 shares of the company’s stock worth $72,419,000 after buying an additional 194,413 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

Shares of NYSEARCA MDYG traded up $0.40 during trading on Monday, reaching $87.03. 73,381 shares of the stock traded hands, compared to its average volume of 119,615. The stock has a market capitalization of $3.09 billion, a P/E ratio of 18.50 and a beta of 1.09. SPDR S&P 400 Mid CapGrowth ETF has a 52-week low of $73.49 and a 52-week high of $95.51. The company has a 50-day moving average of $90.55 and a 200-day moving average of $87.62.

SPDR S&P 400 Mid CapGrowth ETF Company 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.