Valley Forge Investment Consultants Inc. ADV Sells 1,281 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Valley Forge Investment Consultants Inc. ADV reduced its stake in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 21.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,751 shares of the company’s stock after selling 1,281 shares during the period. Valley Forge Investment Consultants Inc. ADV’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $413,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in MDYG. Legacy Investment Solutions LLC bought a new position in SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter worth $25,000. Centricity Wealth Management LLC purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the fourth quarter valued at about $26,000. Cape Investment Advisory Inc. boosted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 198.1% in the fourth quarter. Cape Investment Advisory Inc. now owns 310 shares of the company’s stock worth $27,000 after acquiring an additional 206 shares during the period. Capital Investment Advisory Services LLC grew its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 110.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock worth $36,000 after purchasing an additional 219 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its stake in SPDR S&P 400 Mid CapGrowth ETF by 189.2% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 535 shares of the company’s stock valued at $46,000 after purchasing an additional 350 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

Shares of MDYG opened at $79.39 on Friday. SPDR S&P 400 Mid CapGrowth ETF has a 1 year low of $77.49 and a 1 year high of $95.51. The company has a 50 day simple moving average of $85.82 and a two-hundred day simple moving average of $88.00. The firm has a market cap of $2.53 billion, a P/E ratio of 21.35 and a beta of 1.12.

SPDR S&P 400 Mid CapGrowth ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were issued a $0.1481 dividend. The ex-dividend date was Monday, March 24th.

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.