Cvfg LLC Invests $818,000 in SPDR S&P 400 Mid Cap Value ETF $MDYV

Cvfg LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 9,603 shares of the company’s stock, valued at approximately $818,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Montz Harcus Wealth Management LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 0.4% in the first quarter. Montz Harcus Wealth Management LLC now owns 45,162 shares of the company’s stock valued at $3,846,000 after buying an additional 199 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 9.3% during the first quarter. Private Advisor Group LLC now owns 93,543 shares of the company’s stock worth $7,965,000 after acquiring an additional 7,951 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the first quarter worth about $775,000. KPP Advisory Services LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 6.4% during the first quarter. KPP Advisory Services LLC now owns 9,679 shares of the company’s stock valued at $824,000 after acquiring an additional 582 shares in the last quarter. Finally, Balanced Wealth Group LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 2.9% during the first quarter. Balanced Wealth Group LLC now owns 161,121 shares of the company’s stock valued at $13,719,000 after acquiring an additional 4,539 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Down 1.2%

Shares of SPDR S&P 400 Mid Cap Value ETF stock opened at $92.62 on Thursday. The company has a 50 day moving average price of $92.08 and a 200 day moving average price of $89.50. The firm has a market capitalization of $2.68 billion, a P/E ratio of 15.85 and a beta of 0.96. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $78.19 and a 52 week high of $95.34.

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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ CapitalMarket with market capitalizations between $850 million and $3.8 billion.