SPDR® S&P 400 Mid Cap Growth ETF company info

What does SPDR® S&P 400 Mid Cap Growth ETF do?
SPDR® S&P 400 Mid Cap Growth ETF (NYSE:MDYG) focuses on providing investment results that correspond generally to the performance of the S&P MidCap 400 Growth Index. It is traded on the New York Stock Exchange Arca with the ticker symbol MDYG. The ETF seeks to invest in mid-cap companies that exhibit growth characteristics, providing investors with a diversified portfolio that taps into the growth potential of mid-sized companies across various sectors. Its operations involve buying and selling securities to align with the index it tracks, aiming for growth and capital appreciation as its primary objectives. Through its strategic investments, SPDR® S&P 400 Mid Cap Growth ETF enables investors to gain exposure to an often-overlooked segment of the market, striving to achieve long-term investment growth in line with the performance of the S&P MidCap 400 Growth Index.
SPDR® S&P 400 Mid Cap Growth ETF company media
Company Snapshot

Is SPDR® S&P 400 Mid Cap Growth ETF a public or private company?

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Ownership
Public

How many people does SPDR® S&P 400 Mid Cap Growth ETF employ?

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Employees
2,301

What sector is SPDR® S&P 400 Mid Cap Growth ETF in?

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Sector
ETF

Where is the head office for SPDR® S&P 400 Mid Cap Growth ETF?

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Head Office
Boston, United States

What year was SPDR® S&P 400 Mid Cap Growth ETF founded?

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Year Founded
2005
What does SPDR® S&P 400 Mid Cap Growth ETF specialise in?
/Mid Cap /Growth ETF /Portfolio Diversification /Asset Allocation /Investment Management /Equity Exposure

What are the products and/or services of SPDR® S&P 400 Mid Cap Growth ETF?

Overview of SPDR® S&P 400 Mid Cap Growth ETF offerings
The ETF primarily focuses on investing in medium capitalization companies exhibiting growth characteristics.
It offers diversified exposure across different sectors to mitigate risk and enhance returns.
Managed with a passive investment strategy to track the performance of the S&P MidCap 400 Growth Index.
Designed to provide investors with liquidity and ease of trade through its listing on major stock exchanges.
Features a competitive fee structure compared to actively managed funds, aiming to increase investor's net returns.
Incorporates environmental, social, and governance (ESG) criteria in the selection process to appeal to socially responsible investors.