SPDR S&P 400 Mid Cap Growth ETF $MDYG Shares Sold by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC trimmed its position in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 92.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,366 shares of the company’s stock after selling 76,889 shares during the period. Foundations Investment Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $583,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada lifted its stake in shares of SPDR S&P 400 Mid Cap Growth ETF by 1.3% in the 1st quarter. Royal Bank of Canada now owns 81,888 shares of the company’s stock worth $6,507,000 after acquiring an additional 1,090 shares during the period. Integrated Wealth Concepts LLC raised its holdings in SPDR S&P 400 Mid Cap Growth ETF by 35.4% during the first quarter. Integrated Wealth Concepts LLC now owns 4,032 shares of the company’s stock worth $320,000 after purchasing an additional 1,054 shares in the last quarter. NewEdge Advisors LLC lifted its position in SPDR S&P 400 Mid Cap Growth ETF by 7.0% in the first quarter. NewEdge Advisors LLC now owns 5,127 shares of the company’s stock valued at $407,000 after purchasing an additional 336 shares during the period. Goldman Sachs Group Inc. boosted its holdings in SPDR S&P 400 Mid Cap Growth ETF by 6.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 46,302 shares of the company’s stock valued at $3,679,000 after purchasing an additional 2,922 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in SPDR S&P 400 Mid Cap Growth ETF during the 1st quarter worth approximately $371,000.

SPDR S&P 400 Mid Cap Growth ETF Trading Up 1.1%

Shares of MDYG stock opened at $97.11 on Tuesday. The stock has a 50 day simple moving average of $95.03 and a 200-day simple moving average of $92.18. The company has a market cap of $2.54 billion, a price-to-earnings ratio of 22.35 and a beta of 1.08. SPDR S&P 400 Mid Cap Growth ETF has a 12-month low of $68.59 and a 12-month high of $99.97.

About SPDR S&P 400 Mid Cap Growth 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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations between $850 million and $3.8 billion.