SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Short Interest Update

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) saw a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 15,600 shares, a decrease of 38.3% from the May 15th total of 25,300 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 145,600 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of SPDR S&P 400 Mid Cap Value ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Atria Wealth Solutions Inc. grew its position in SPDR S&P 400 Mid Cap Value ETF by 5.2% during the fourth quarter. Atria Wealth Solutions Inc. now owns 5,695 shares of the company’s stock worth $457,000 after buying an additional 283 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 4.6% during the 4th quarter. Bank of America Corp DE now owns 68,187 shares of the company’s stock worth $5,469,000 after purchasing an additional 3,002 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 7.9% in the fourth quarter. JPMorgan Chase & Co. now owns 15,918 shares of the company’s stock worth $1,277,000 after purchasing an additional 1,160 shares during the period. Bank of New York Mellon Corp raised its stake in SPDR S&P 400 Mid Cap Value ETF by 66.8% in the fourth quarter. Bank of New York Mellon Corp now owns 5,318 shares of the company’s stock valued at $427,000 after purchasing an additional 2,129 shares in the last quarter. Finally, Norden Group LLC lifted its position in SPDR S&P 400 Mid Cap Value ETF by 29.6% during the fourth quarter. Norden Group LLC now owns 3,998 shares of the company’s stock worth $321,000 after purchasing an additional 913 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

SPDR S&P 400 Mid Cap Value ETF stock traded up $0.76 during mid-day trading on Monday, hitting $78.38. 52,533 shares of the company’s stock traded hands, compared to its average volume of 269,767. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $65.86 and a fifty-two week high of $87.81. The stock has a market cap of $2.36 billion, a price-to-earnings ratio of 15.96 and a beta of 1.06. The firm has a 50 day simple moving average of $75.25 and a two-hundred day simple moving average of $78.75.

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.