Clark Capital Management Group Inc. Has $9.98 Million Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Clark Capital Management Group Inc. cut its holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYGGet Rating) by 24.7% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 134,470 shares of the company’s stock after selling 44,201 shares during the quarter. Clark Capital Management Group Inc.’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $9,979,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 14.8% during the fourth quarter. LPL Financial LLC now owns 787,652 shares of the company’s stock valued at $64,217,000 after acquiring an additional 101,457 shares in the last quarter. Financial Advisory Service Inc. increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 11.1% during the first quarter. Financial Advisory Service Inc. now owns 556,540 shares of the company’s stock valued at $41,301,000 after acquiring an additional 55,690 shares in the last quarter. TownSquare Capital LLC increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 12.9% during the first quarter. TownSquare Capital LLC now owns 502,043 shares of the company’s stock valued at $37,258,000 after acquiring an additional 57,205 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 26.0% during the first quarter. Envestnet Asset Management Inc. now owns 481,703 shares of the company’s stock valued at $35,747,000 after acquiring an additional 99,321 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 58.8% during the first quarter. Mercer Global Advisors Inc. ADV now owns 404,515 shares of the company’s stock valued at $30,019,000 after acquiring an additional 149,759 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Trading Up 1.9 %

Shares of SPDR S&P 400 Mid CapGrowth ETF stock opened at $68.46 on Monday. The stock has a fifty day simple moving average of $66.80 and a 200 day simple moving average of $68.14. SPDR S&P 400 Mid CapGrowth ETF has a 12-month low of $58.97 and a 12-month high of $84.31.

About SPDR S&P 400 Mid CapGrowth ETF

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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.

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Institutional Ownership by Quarter for SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

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