Arcadia Investment Management Corp MI Trims Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Arcadia Investment Management Corp MI lowered its position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 55.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 650 shares of the company’s stock after selling 800 shares during the quarter. Arcadia Investment Management Corp MI’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $49,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. PFG Advisors lifted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 2.0% during the 4th quarter. PFG Advisors now owns 10,154 shares of the company’s stock valued at $768,000 after buying an additional 198 shares in the last quarter. Denver Wealth Management Inc. boosted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 3.3% in the fourth quarter. Denver Wealth Management Inc. now owns 7,049 shares of the company’s stock worth $533,000 after acquiring an additional 227 shares during the period. Intrepid Financial Planning Group LLC boosted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 6.1% in the third quarter. Intrepid Financial Planning Group LLC now owns 4,260 shares of the company’s stock worth $295,000 after acquiring an additional 245 shares during the period. First Pacific Financial grew its position in shares of 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 in the last quarter. Finally, Brookstone Capital Management raised its stake in SPDR S&P 400 Mid CapGrowth ETF by 7.0% during the 4th quarter. Brookstone Capital Management now owns 4,230 shares of the company’s stock valued at $320,000 after purchasing an additional 278 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

NYSEARCA MDYG traded up $0.93 during trading on Thursday, hitting $86.08. The stock had a trading volume of 116,810 shares, compared to its average volume of 224,376. The stock has a market capitalization of $3.05 billion, a price-to-earnings ratio of 17.93 and a beta of 1.07. The stock has a 50 day simple moving average of $84.49 and a 200 day simple moving average of $77.48. SPDR S&P 400 Mid CapGrowth ETF has a one year low of $64.67 and a one year high of $87.69.

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.