Parcion Private Wealth LLC Makes New $1.25 Million Investment in SPDR S&P 400 Mid Cap Growth ETF $MDYG

Parcion Private Wealth LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the third quarter, according to its most recent filing with the SEC. The firm purchased 11,943 shares of the company’s stock, valued at approximately $1,248,000.

Other hedge funds have also recently made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of SPDR S&P 400 Mid Cap Growth ETF in the 3rd quarter valued at about $25,000. KERR FINANCIAL PLANNING Corp grew its stake in SPDR S&P 400 Mid Cap Growth ETF by 50.0% during the first quarter. KERR FINANCIAL PLANNING Corp now owns 342 shares of the company’s stock worth $34,000 after purchasing an additional 114 shares during the period. JFS Wealth Advisors LLC lifted its stake in SPDR S&P 400 Mid Cap Growth ETF by 28.2% in the second quarter. JFS Wealth Advisors LLC now owns 518 shares of the company’s stock valued at $58,000 after buying an additional 114 shares during the period. Horizons Wealth Management acquired a new position in SPDR S&P 400 Mid Cap Growth ETF in the third quarter valued at approximately $68,000. Finally, Community Financial Services Group LLC bought a new position in shares of SPDR S&P 400 Mid Cap Growth ETF during the 3rd quarter worth approximately $69,000.

SPDR S&P 400 Mid Cap Growth ETF Stock Performance

SPDR S&P 400 Mid Cap Growth ETF stock opened at $102.87 on Friday. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of 22.35 and a beta of 1.06. SPDR S&P 400 Mid Cap Growth ETF has a 52-week low of $87.09 and a 52-week high of $113.93. The stock’s 50 day moving average price is $105.86 and its two-hundred day moving average price is $104.51.

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.