Strategic Financial Concepts LLC grew its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV – Free Report) by 7,913.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 474,303 shares of the company’s stock after buying an additional 468,384 shares during the quarter. Strategic Financial Concepts LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $38,039,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the company. Brookstone Capital Management grew its stake in SPDR S&P 400 Mid Cap Value ETF by 83.9% during the 3rd quarter. Brookstone Capital Management now owns 14,962 shares of the company’s stock valued at $1,189,000 after acquiring an additional 6,826 shares in the last quarter. CWM LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 29.0% in the third quarter. CWM LLC now owns 128,319 shares of the company’s stock valued at $10,196,000 after purchasing an additional 28,841 shares in the last quarter. Silverlake Wealth Management LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 29.8% in the third quarter. Silverlake Wealth Management LLC now owns 4,663 shares of the company’s stock valued at $370,000 after purchasing an additional 1,070 shares during the last quarter. Koshinski Asset Management Inc. lifted its position in SPDR S&P 400 Mid Cap Value ETF by 1.1% during the third quarter. Koshinski Asset Management Inc. now owns 47,062 shares of the company’s stock worth $3,740,000 after buying an additional 533 shares in the last quarter. Finally, FinTrust Capital Advisors LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 6.5% during the third quarter. FinTrust Capital Advisors LLC now owns 157,016 shares of the company’s stock worth $12,476,000 after buying an additional 9,550 shares during the last quarter.
SPDR S&P 400 Mid Cap Value ETF Stock Down 1.4 %
Shares of MDYV opened at $82.02 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $69.93 and a 52-week high of $87.81. The stock has a fifty day simple moving average of $82.54 and a two-hundred day simple moving average of $80.37. The company has a market capitalization of $2.76 billion, a PE ratio of 14.55 and a beta of 1.11.
SPDR S&P 400 Mid Cap Value ETF Profile
SPDR S&P 400 Mid Cap Value ETF seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Value Index. The S&P MidCap 400 Value Index measures the performance of the mid-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio.
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