HF Advisory Group LLC Raises Stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

HF Advisory Group LLC raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 10.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,724 shares of the company’s stock after purchasing an additional 812 shares during the period. HF Advisory Group LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $640,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. TIAA Trust National Association bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter valued at about $37,064,000. IHT Wealth Management LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2,264.8% during the fourth quarter. IHT Wealth Management LLC now owns 473,341 shares of the company’s stock valued at $30,635,000 after acquiring an additional 453,325 shares in the last quarter. Financial Engines Advisors L.L.C. raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 18.0% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 1,723,490 shares of the company’s stock worth $111,786,000 after acquiring an additional 263,227 shares during the last quarter. International Assets Investment Management LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 7,237.2% during the 4th quarter. International Assets Investment Management LLC now owns 181,375 shares of the company’s stock valued at $13,309,000 after purchasing an additional 178,903 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 282.7% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 187,086 shares of the company’s stock worth $13,728,000 after purchasing an additional 138,197 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

NYSEARCA MDYV traded up $0.44 during trading hours on Thursday, hitting $70.78. The company’s stock had a trading volume of 20,195 shares, compared to its average volume of 285,668. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $59.67 and a 12 month high of $76.26. The company’s 50 day simple moving average is $73.10 and its two-hundred day simple moving average is $69.71. The company has a market cap of $2.42 billion, a P/E ratio of 14.54 and a beta of 1.17.

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.