Summary
MDYG Chart
Should State Street SPDR S&P 400 Mid Cap Growth ETF (MDYG) Be on Your Investing Radar?
Looking for broad exposure to the Mid Cap Growth segment of the US equity market? You should consider the State Street SPDR S&P 400 Mid Cap Growth ETF (MDYG), a passively managed exchange traded fund launched on November 8, 2005.
Should State Street SPDR S&P 400 Mid Cap Growth ETF (MDYG) Be on Your Investing Radar?
If you're interested in broad exposure to the Mid Cap Growth segment of the US equity market, look no further than the State Street SPDR S&P 400 Mid Cap Growth ETF (MDYG), a passively managed exchange traded fund launched on November 8, 2005.
MDYG: A Solid Mid-Cap ETF To Ride Recovery And Earn Good Return Over Long Term
State Street SPDR S&P 400 Mid Cap Growth ETF offers a compelling buy opportunity after an 8.5% war-driven pullback. MDYG trades at a 20x forward P/E, below large-cap growth peers, with strong earnings growth and sector diversification. High beta and robust sector fundamentals position MDYG to outperform in a market recovery, supported by low expense ratio and above-average liquidity.
SPDR S&P 400 Mid Cap Growth ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 3,058 | $265,777.32 | $330,737.99 | $64,960.67 | 24.44% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 24,136 | $2.25M | $2.6M | $347,275.17 | 15.44% |
| RS Ramu Singh CALTON & ASSOCIATES Inc. | 9,231 | $802,009.53 | $998,378.8 | $196,369.27 | 24.48% |
| PP Philip Perry FLAGSTAR ADVISORS Inc. | 6,307 | $511,836.19 | $683,804.94 | $171,968.75 | 33.6% |
| AC Adam Claypool First Community Trust Na | 67 | $5,820 | $7,245.71 | $1,425.71 | 24.5% |
SPDR S&P 400 Mid Cap Growth ETF (MDYG) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has SPDR S&P 400 Mid Cap Growth ETF ever had a stock split?
SPDR S&P 400 Mid Cap Growth ETF Profile
| ARCA Exchange | US Country |
Overview
The company operates as an investment fund focusing on the mid-capitalization growth segment within the U.S. equity market. It predominantly invests its assets in securities that are part of a specific index, which is designed to track the performance of mid-cap growth companies in the United States. The fund aims to maintain at least 80% of its total assets in these securities, ensuring a substantial commitment to the mid-cap growth market sector. This strategic approach allows investors to potentially benefit from the growth prospects of mid-sized U.S. companies.
Products and Services
- Mid-Cap Growth Equity Fund
This product is designed for investors seeking exposure to the mid-capitalization growth segment of the U.S. equity market. By investing primarily in securities that make up a specific index of mid-cap growth companies, the fund aims to mirror the performance of that index. The chosen index for this strategy captures the performance of U.S. mid-cap companies that exhibit growth characteristics, providing a targeted investment opportunity in this market segment.
