Great Valley Advisor Group Inc. Buys 2,209 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Great Valley Advisor Group Inc. grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 11.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 20,879 shares of the company’s stock after acquiring an additional 2,209 shares during the period. Great Valley Advisor Group Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,532,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. TIAA Trust National Association purchased a new position in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth about $37,064,000. Financial Engines Advisors L.L.C. grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 18.0% during the third quarter. Financial Engines Advisors L.L.C. now owns 1,723,490 shares of the company’s stock worth $111,786,000 after purchasing an additional 263,227 shares in the last quarter. International Assets Investment Management LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 7,237.2% in the fourth 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 in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in 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 buying an additional 138,197 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 10.7% in the 3rd quarter. LPL Financial LLC now owns 1,121,915 shares of the company’s stock worth $72,767,000 after buying an additional 108,439 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

NYSEARCA MDYV opened at $73.15 on Friday. The company has a fifty day moving average of $73.12 and a 200-day moving average of $70.31. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $59.67 and a 52-week high of $76.26. The company has a market capitalization of $2.52 billion, a P/E ratio of 13.97 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.