Rehmann Capital Advisory Group Has $22.52 Million Stock Position in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Rehmann Capital Advisory Group grew its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 9.1% during the third quarter, Holdings Channel reports. The firm owned 256,560 shares of the company’s stock after purchasing an additional 21,301 shares during the period. SPDR S&P 400 Mid CapGrowth ETF accounts for about 1.5% of Rehmann Capital Advisory Group’s portfolio, making the stock its 15th largest position. Rehmann Capital Advisory Group’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $22,518,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Citigroup Inc. boosted its stake in SPDR S&P 400 Mid CapGrowth ETF by 1.4% during the 3rd quarter. Citigroup Inc. now owns 2,437,057 shares of the company’s stock valued at $213,827,000 after purchasing an additional 34,717 shares during the period. LPL Financial LLC lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.9% during the third quarter. LPL Financial LLC now owns 1,734,389 shares of the company’s stock worth $152,175,000 after buying an additional 49,227 shares during the last quarter. Stifel Financial Corp boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 146.2% in the third quarter. Stifel Financial Corp now owns 1,197,620 shares of the company’s stock valued at $105,079,000 after acquiring an additional 711,253 shares during the period. Benjamin Edwards Inc. raised its stake in SPDR S&P 400 Mid CapGrowth ETF by 6,605.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 992,944 shares of the company’s stock valued at $87,122,000 after purchasing an additional 978,136 shares during the last quarter. Finally, Parcion Private Wealth LLC boosted its holdings in SPDR S&P 400 Mid CapGrowth ETF by 30.8% in the 3rd quarter. Parcion Private Wealth LLC now owns 825,383 shares of the company’s stock valued at $72,419,000 after purchasing an additional 194,413 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

NYSEARCA:MDYG opened at $92.32 on Wednesday. The firm’s 50-day moving average is $90.20 and its 200-day moving average is $86.90. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09. SPDR S&P 400 Mid CapGrowth ETF has a 52-week low of $72.32 and a 52-week high of $95.51.

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.