SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Sees Large Volume Increase

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) saw unusually-strong trading volume on Thursday . Approximately 920,538 shares were traded during mid-day trading, an increase of 225% from the previous session’s volume of 283,142 shares.The stock last traded at $71.86 and had previously closed at $72.41.

SPDR S&P 400 Mid Cap Value ETF Price Performance

The firm has a fifty day moving average price of $73.10 and a two-hundred day moving average price of $70.08. The stock has a market capitalization of $2.48 billion, a PE ratio of 13.97 and a beta of 1.11.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Meridian Wealth Management LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 11.3% in the 3rd quarter. Meridian Wealth Management LLC now owns 5,856 shares of the company’s stock valued at $380,000 after acquiring an additional 593 shares during the period. Apeiron RIA LLC lifted its position in SPDR S&P 400 Mid Cap Value ETF by 9.7% during the 3rd quarter. Apeiron RIA LLC now owns 5,393 shares of the company’s stock worth $350,000 after acquiring an additional 479 shares during the period. Commonwealth Equity Services LLC lifted its position in SPDR S&P 400 Mid Cap Value ETF by 2.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 140,010 shares of the company’s stock worth $9,081,000 after acquiring an additional 3,711 shares during the period. First Pacific Financial lifted its position in SPDR S&P 400 Mid Cap Value ETF by 1.1% during the 3rd quarter. First Pacific Financial now owns 342,476 shares of the company’s stock worth $22,213,000 after acquiring an additional 3,764 shares during the period. Finally, FinTrust Capital Advisors LLC lifted its position in SPDR S&P 400 Mid Cap Value ETF by 9.8% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 152,717 shares of the company’s stock worth $9,905,000 after acquiring an additional 13,584 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Company 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.