Persium Advisors LLC Makes New Investment in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Persium Advisors LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,175 shares of the company’s stock, valued at approximately $255,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its position in SPDR S&P 400 Mid Cap Value ETF by 8.1% during the second quarter. Envestnet Asset Management Inc. now owns 246,514 shares of the company’s stock valued at $17,981,000 after buying an additional 18,401 shares during the period. WealthPLAN Partners LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 78.2% during the second quarter. WealthPLAN Partners LLC now owns 8,730 shares of the company’s stock valued at $637,000 after buying an additional 3,831 shares during the period. Renaissance Technologies LLC lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 12.7% during the second quarter. Renaissance Technologies LLC now owns 11,300 shares of the company’s stock valued at $824,000 after purchasing an additional 1,275 shares in the last quarter. Perennial Investment Advisors LLC lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 0.8% during the second quarter. Perennial Investment Advisors LLC now owns 63,084 shares of the company’s stock valued at $4,602,000 after purchasing an additional 497 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 1,491.5% during the second quarter. Mercer Global Advisors Inc. ADV now owns 202,503 shares of the company’s stock valued at $14,771,000 after purchasing an additional 189,779 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of NYSEARCA:MDYV traded up $0.76 during midday trading on Monday, hitting $80.07. The company’s stock had a trading volume of 101,024 shares, compared to its average volume of 170,015. The business’s 50 day simple moving average is $82.99 and its 200 day simple moving average is $79.25. The company has a market cap of $2.69 billion, a P/E ratio of 14.55 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $69.88 and a 12-month high of $87.81.

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.