Cambridge Investment Research Advisors Inc. Boosts Holdings in SPDR S&P 400 Mid CapGrowth ETF (MDYG)

Cambridge Investment Research Advisors Inc. boosted its position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 7.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 119,474 shares of the company’s stock after purchasing an additional 8,486 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $6,685,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MDYG. The Manufacturers Life Insurance Company raised its holdings in SPDR S&P 400 Mid CapGrowth ETF by 39.3% in the first quarter. The Manufacturers Life Insurance Company now owns 3,301 shares of the company’s stock worth $520,000 after purchasing an additional 931 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 81.7% during the first quarter. Royal Bank of Canada now owns 2,508 shares of the company’s stock valued at $394,000 after acquiring an additional 1,128 shares in the last quarter. Juncture Wealth Strategies LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the second quarter valued at $377,000. Chessman Wealth Strategies RIA increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 475.1% during the second quarter. Chessman Wealth Strategies RIA now owns 139,869 shares of the company’s stock valued at $7,554,000 after acquiring an additional 115,548 shares in the last quarter. Finally, Atria Investments LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the second quarter valued at $3,060,000.

Shares of NYSEARCA:MDYG opened at $51.57 on Friday. SPDR S&P 400 Mid CapGrowth ETF has a 1-year low of $48.50 and a 1-year high of $57.22.

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SPDR S&P 400 Mid CapGrowth ETF 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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