Keudell Morrison Wealth Management Takes Position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Keudell Morrison Wealth Management bought a new position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 2,736 shares of the company’s stock, valued at approximately $238,000.

Several other institutional investors also recently modified their holdings of MDYG. Concord Wealth Partners grew its position in SPDR S&P 400 Mid CapGrowth ETF by 22.0% in the third quarter. Concord Wealth Partners now owns 643 shares of the company’s stock worth $56,000 after acquiring an additional 116 shares in the last quarter. Koshinski Asset Management Inc. lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 0.3% in the 3rd quarter. Koshinski Asset Management Inc. now owns 36,690 shares of the company’s stock worth $3,219,000 after acquiring an additional 122 shares during the last quarter. Willner & Heller LLC lifted its stake in SPDR S&P 400 Mid CapGrowth ETF by 2.0% in the fourth quarter. Willner & Heller LLC now owns 7,853 shares of the company’s stock worth $682,000 after purchasing an additional 152 shares during the last quarter. Sage Financial Group Inc. grew its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 0.8% during the third quarter. Sage Financial Group Inc. now owns 21,711 shares of the company’s stock valued at $1,905,000 after buying an additional 165 shares during the last quarter. Finally, US Bancorp DE grew its position in SPDR S&P 400 Mid CapGrowth ETF by 9.2% during the 3rd quarter. US Bancorp DE now owns 2,204 shares of the company’s stock worth $193,000 after acquiring an additional 186 shares during the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

Shares of MDYG stock opened at $90.74 on Friday. The stock has a 50 day moving average price of $90.46 and a two-hundred day moving average price of $88.16. SPDR S&P 400 Mid CapGrowth ETF has a fifty-two week low of $75.28 and a fifty-two week high of $95.51. The company has a market capitalization of $3.22 billion, a P/E ratio of 18.50 and a beta of 1.09.

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.