Rodgers & Associates LTD Has $14.59 Million Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Rodgers & Associates LTD increased its position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 5.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 192,782 shares of the company’s stock after buying an additional 9,900 shares during the period. SPDR S&P 400 Mid CapGrowth ETF accounts for approximately 2.0% of Rodgers & Associates LTD’s investment portfolio, making the stock its 16th biggest position. Rodgers & Associates LTD’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $14,588,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. PFG Advisors boosted its position in SPDR S&P 400 Mid CapGrowth ETF by 2.0% during the fourth quarter. PFG Advisors now owns 10,154 shares of the company’s stock worth $768,000 after purchasing an additional 198 shares during the period. Denver Wealth Management Inc. boosted its position in SPDR S&P 400 Mid CapGrowth ETF by 3.3% during the fourth quarter. Denver Wealth Management Inc. now owns 7,049 shares of the company’s stock worth $533,000 after purchasing an additional 227 shares during the period. Intrepid Financial Planning Group LLC boosted its position in SPDR S&P 400 Mid CapGrowth ETF by 6.1% during the third quarter. Intrepid Financial Planning Group LLC now owns 4,260 shares of the company’s stock worth $295,000 after purchasing an additional 245 shares during the period. First Pacific Financial boosted its position in SPDR S&P 400 Mid CapGrowth ETF by 3.9% during the fourth quarter. First Pacific Financial now owns 6,642 shares of the company’s stock worth $503,000 after purchasing an additional 252 shares during the period. Finally, YHB Investment Advisors Inc. boosted its position in SPDR S&P 400 Mid CapGrowth ETF by 2.7% during the third quarter. YHB Investment Advisors Inc. now owns 10,034 shares of the company’s stock worth $694,000 after purchasing an additional 265 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

MDYG stock traded down $0.28 during midday trading on Thursday, reaching $82.86. 1,715,929 shares of the company were exchanged, compared to its average volume of 209,990. The business has a 50-day moving average price of $83.83 and a two-hundred day moving average price of $76.40. SPDR S&P 400 Mid CapGrowth ETF has a one year low of $64.67 and a one year high of $87.69. The firm has a market capitalization of $2.92 billion, a price-to-earnings ratio of 18.34 and a beta of 1.09.

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.