Financial Engines Advisors L.L.C. Trims Position in SPDR S&P 400 Mid CapGrowth ETF (MDYG)

Financial Engines Advisors L.L.C. decreased its position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 85.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 633,578 shares of the company’s stock after selling 3,657,306 shares during the period. SPDR S&P 400 Mid CapGrowth ETF accounts for approximately 0.6% of Financial Engines Advisors L.L.C.’s portfolio, making the stock its 14th biggest position. Financial Engines Advisors L.L.C.’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $30,085,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company boosted its position in SPDR S&P 400 Mid CapGrowth ETF by 39.3% during the first quarter. The Manufacturers Life Insurance Company now owns 3,301 shares of the company’s stock valued at $520,000 after purchasing an additional 931 shares during the last quarter. Royal Bank of Canada lifted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 81.7% in the first quarter. Royal Bank of Canada now owns 2,508 shares of the company’s stock worth $394,000 after buying an additional 1,128 shares during the last quarter. Rehmann Capital Advisory Group lifted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 200.0% in the second quarter. Rehmann Capital Advisory Group now owns 1,980 shares of the company’s stock worth $107,000 after buying an additional 1,320 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 93.0% in the second quarter. PNC Financial Services Group Inc. now owns 2,886 shares of the company’s stock worth $156,000 after buying an additional 1,391 shares during the last quarter. Finally, Juncture Wealth Strategies LLC lifted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 22.2% in the third quarter. Juncture Wealth Strategies LLC now owns 8,531 shares of the company’s stock worth $477,000 after buying an additional 1,552 shares during the last quarter.

Shares of NYSEARCA:MDYG opened at $51.36 on Monday. SPDR S&P 400 Mid CapGrowth ETF has a fifty-two week low of $48.50 and a fifty-two week high of $57.22.

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.

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Institutional Ownership by Quarter for SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

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