Strategic Financial Concepts LLC Raises Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Strategic Financial Concepts LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 7,913.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 474,303 shares of the company’s stock after buying an additional 468,384 shares during the period. Strategic Financial Concepts LLC owned about 1.41% of SPDR S&P 400 Mid Cap Value ETF worth $38,039,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in MDYV. GHP Investment Advisors Inc. boosted its position in SPDR S&P 400 Mid Cap Value ETF by 0.9% during the 4th quarter. GHP Investment Advisors Inc. now owns 273,646 shares of the company’s stock valued at $21,946,000 after acquiring an additional 2,313 shares in the last quarter. Beacon Financial Advisory LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 4th quarter worth $485,000. Centennial Wealth Advisory LLC boosted its position in SPDR S&P 400 Mid Cap Value ETF by 354.4% during the fourth quarter. Centennial Wealth Advisory LLC now owns 17,787 shares of the company’s stock valued at $1,427,000 after purchasing an additional 13,873 shares in the last quarter. Stratos Wealth Partners LTD. grew its stake in SPDR S&P 400 Mid Cap Value ETF by 403.6% in the fourth quarter. Stratos Wealth Partners LTD. now owns 55,228 shares of the company’s stock valued at $4,429,000 after purchasing an additional 44,262 shares during the last quarter. Finally, Silverlake Wealth Management LLC raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 13.2% in the fourth quarter. Silverlake Wealth Management LLC now owns 5,278 shares of the company’s stock worth $423,000 after purchasing an additional 615 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

NYSEARCA:MDYV opened at $82.02 on Friday. The company’s 50-day simple moving average is $82.54 and its 200-day simple moving average is $80.37. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $69.93 and a fifty-two week high of $87.81. The stock has a market capitalization of $2.76 billion, a P/E ratio of 14.55 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.