Fiduciary Alliance LLC Invests $736,000 in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Fiduciary Alliance LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 9,178 shares of the company’s stock, valued at approximately $736,000.

A number of other hedge funds also recently modified their holdings of MDYV. Continuum Advisory LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 2,007.1% in the 3rd quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock valued at $25,000 after purchasing an additional 281 shares in the last quarter. US Bancorp DE raised its stake in SPDR S&P 400 Mid Cap Value ETF by 26.5% during the third quarter. US Bancorp DE now owns 955 shares of the company’s stock worth $76,000 after acquiring an additional 200 shares in the last quarter. DRW Securities LLC acquired a new position in SPDR S&P 400 Mid Cap Value ETF during the third quarter worth about $202,000. Etfidea LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter worth about $209,000. Finally, Vance Wealth Inc. bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter valued at approximately $211,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of NYSEARCA:MDYV opened at $80.20 on Tuesday. SPDR S&P 400 Mid Cap Value ETF has a one year low of $69.88 and a one year high of $87.81. The company has a market cap of $2.69 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. The firm has a 50 day simple moving average of $83.00 and a 200 day simple moving average of $79.31.

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.