Mercer Global Advisors Inc. ADV Has $5.75 Million Stock Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Mercer Global Advisors Inc. ADV lowered its stake in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 3.6% during the second quarter, Holdings Channel reports. The institutional investor owned 68,417 shares of the company’s stock after selling 2,578 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $5,751,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the second quarter valued at approximately $40,000. Richardson Financial Services Inc. bought a new position in SPDR S&P 400 Mid CapGrowth ETF during the 1st quarter worth $42,000. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of SPDR S&P 400 Mid CapGrowth ETF during the second quarter worth $64,000. Assetmark Inc. boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 4,592.6% in the fourth quarter. Assetmark Inc. now owns 1,267 shares of the company’s stock valued at $96,000 after acquiring an additional 1,240 shares during the period. Finally, Arcadia Investment Management Corp MI grew its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 115.4% in the second quarter. Arcadia Investment Management Corp MI now owns 1,400 shares of the company’s stock valued at $118,000 after acquiring an additional 750 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

NYSEARCA:MDYG opened at $87.54 on Friday. SPDR S&P 400 Mid CapGrowth ETF has a 52 week low of $64.67 and a 52 week high of $89.30. The firm’s 50-day simple moving average is $85.36 and its 200 day simple moving average is $84.88. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of 18.50 and a beta of 1.09.

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.