


Focus Financial Network Inc. acquired a new stake in shares of SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 6,518 shares of the company's stock, valued at approximately $681,000.

The State Street SPDR S&P 400 Mid Cap Growth ETF (MDYG) was launched on November 8, 2005, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Growth segment of the US equity market.

Avidian Wealth Enterprises LLC acquired a new stake in SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,020 shares of the company's stock, valued at approximately $734,000.

Cooler-than-expected PCE inflation could ease Fed concerns, creating a favorable backdrop for growth stocks. Here are five growth ETFs trading below the S&P 500's P/E.

SPDR S&P 400 Mid Cap Growth ETF (NYSEARCA:MDYG - Get Free Report) shares hit a new 52-week high during trading on Monday. The company traded as high as $113.67 and last traded at $114.79, with a volume of 1740 shares changing hands. The stock had previously closed at $113.58. SPDR S&P 400 Mid Cap

The State Street SPDR S&P 400 Mid Cap Growth ETF (MDYG) was launched on November 8, 2005, and is a passively managed exchange traded fund designed to offer broad exposure to the Mid Cap Growth segment of the US equity market.

Cooling inflation and a weakening labor market could boost growth ETFs as rate-hike risks fade and AI spending supports earnings growth.