SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 49.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 84,609 shares of the company’s stock after buying an additional 27,846 shares during the quarter. Jones Financial Companies Lllp’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $6,786,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Continuum Advisory LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2,007.1% during the 3rd quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock worth $25,000 after purchasing an additional 281 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 996.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 351 shares of the company’s stock valued at $28,000 after buying an additional 319 shares in the last quarter. Crews Bank & Trust acquired a new stake in SPDR S&P 400 Mid Cap Value ETF during the 4th quarter valued at $45,000. Centricity Wealth Management LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter worth $59,000. Finally, US Bancorp DE raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 26.5% in the third quarter. US Bancorp DE now owns 955 shares of the company’s stock worth $76,000 after acquiring an additional 200 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Down 2.0 %

Shares of NYSEARCA:MDYV opened at $79.25 on Tuesday. The company has a market capitalization of $2.51 billion, a P/E ratio of 18.12 and a beta of 1.17. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $70.14 and a 52-week high of $87.81. The stock’s fifty day simple moving average is $81.75 and its 200-day simple moving average is $81.13.

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.