Northwestern Mutual Wealth Management Co. Raises Holdings in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Northwestern Mutual Wealth Management Co. grew its position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) by 9.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 246,622 shares of the company’s stock after purchasing an additional 21,735 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in SPDR S&P 400 Mid Cap Growth ETF were worth $22,795,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Caitlin John LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the third quarter worth about $28,000. Hantz Financial Services Inc. grew its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 760.5% during the third quarter. Hantz Financial Services Inc. now owns 327 shares of the company’s stock worth $30,000 after buying an additional 289 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the fourth quarter worth about $30,000. Financial Life Planners purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the third quarter worth about $59,000. Finally, Smartleaf Asset Management LLC grew its holdings in shares of SPDR S&P 400 Mid Cap Growth ETF by 279.8% during the second quarter. Smartleaf Asset Management LLC now owns 1,675 shares of the company’s stock worth $145,000 after buying an additional 1,234 shares during the last quarter.

SPDR S&P 400 Mid Cap Growth ETF Price Performance

NYSEARCA MDYG opened at $108.95 on Monday. SPDR S&P 400 Mid Cap Growth ETF has a 52-week low of $83.01 and a 52-week high of $109.31. The business’s 50-day moving average price is $102.55 and its 200 day moving average price is $98.25. The firm has a market cap of $2.83 billion, a P/E ratio of 22.35 and a beta of 1.06.

SPDR S&P 400 Mid Cap Growth 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. 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.