SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Stock Position Lifted by IFG Advisory LLC

IFG Advisory LLC grew its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 7.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,357 shares of the company’s stock after acquiring an additional 1,271 shares during the quarter. IFG Advisory LLC owned approximately 0.06% of SPDR S&P 400 Mid Cap Value ETF worth $1,420,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in MDYV. Ancora Advisors LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 101.7% in the first quarter. Ancora Advisors LLC now owns 605 shares of the company’s stock valued at $40,000 after acquiring an additional 305 shares during the period. Almanack Investment Partners LLC. bought a new position in SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter worth $42,000. Fifth Third Bancorp acquired a new stake in SPDR S&P 400 Mid Cap Value ETF in the third quarter worth $62,000. FMR LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 26.2% in the first quarter. FMR LLC now owns 1,390 shares of the company’s stock valued at $92,000 after buying an additional 289 shares during the last quarter. Finally, Pinnacle Bancorp Inc. boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 96.6% during the third quarter. Pinnacle Bancorp Inc. now owns 1,663 shares of the company’s stock valued at $108,000 after acquiring an additional 817 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Stock Up 2.1 %

MDYV stock opened at $75.66 on Thursday. The stock has a market cap of $2.48 billion, a PE ratio of 10.10 and a beta of 1.17. The firm’s 50-day simple moving average is $72.37 and its 200 day simple moving average is $68.84. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $59.67 and a fifty-two week high of $75.66.

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.