SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) Sees Strong Trading Volume

SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) saw unusually-high trading volume on Thursday . Approximately 411,358 shares were traded during mid-day trading, an increase of 113% from the previous session’s volume of 193,422 shares.The stock last traded at $82.55 and had previously closed at $83.14.

SPDR S&P 400 Mid CapGrowth ETF Price Performance

The company has a market cap of $2.92 billion, a PE ratio of 18.34 and a beta of 1.09. The company has a 50-day moving average of $83.78 and a 200 day moving average of $76.36.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of MDYG. Parcion Private Wealth LLC boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 73.0% during the fourth quarter. Parcion Private Wealth LLC now owns 1,018,828 shares of the company’s stock valued at $77,095,000 after buying an additional 429,985 shares during the period. Confluence Investment Management LLC purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the first quarter valued at approximately $37,185,000. Tradewinds Capital Management LLC purchased a new position in shares of SPDR S&P 400 Mid CapGrowth ETF during the first quarter valued at approximately $30,219,000. Private Advisor Group LLC boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 126.3% during the fourth quarter. Private Advisor Group LLC now owns 351,059 shares of the company’s stock valued at $26,565,000 after buying an additional 195,914 shares during the period. Finally, Financial Engines Advisors L.L.C. raised its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 11.9% during the third quarter. Financial Engines Advisors L.L.C. now owns 1,836,885 shares of the company’s stock valued at $127,002,000 after acquiring an additional 194,898 shares in the last quarter.

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.