Etfidea LLC Takes Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Etfidea LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,631 shares of the company’s stock, valued at approximately $209,000.

Other hedge funds also recently added to or reduced their stakes in the company. Evermay Wealth Management LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 1st quarter valued at approximately $35,000. PSI Advisors LLC raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 35.5% in the second quarter. PSI Advisors LLC now owns 584 shares of the company’s stock worth $43,000 after acquiring an additional 153 shares during the period. US Bancorp DE boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 26.5% during the 3rd quarter. US Bancorp DE now owns 955 shares of the company’s stock worth $76,000 after acquiring an additional 200 shares in the last quarter. Gradient Investments LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1,259.7% during the 2nd quarter. Gradient Investments LLC now owns 1,047 shares of the company’s stock valued at $76,000 after acquiring an additional 970 shares during the period. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 2nd quarter valued at about $80,000.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.2 %

NYSEARCA MDYV opened at $82.98 on Wednesday. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. The stock has a 50-day moving average of $80.31 and a 200 day moving average of $76.85. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $65.81 and a twelve month high of $85.67.

About SPDR S&P 400 Mid Cap Value ETF

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.