HF Advisory Group LLC Grows Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

HF Advisory Group LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 10.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,724 shares of the company’s stock after purchasing an additional 812 shares during the quarter. HF Advisory Group LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $640,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of MDYV. Prime Capital Investment Advisors LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 73.4% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 7,851 shares of the company’s stock worth $576,000 after purchasing an additional 3,323 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in SPDR S&P 400 Mid Cap Value ETF by 8.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 410,828 shares of the company’s stock worth $26,639,000 after buying an additional 33,741 shares in the last quarter. Modera Wealth Management LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at approximately $655,000. Brookstone Capital Management lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 3.7% in the fourth quarter. Brookstone Capital Management now owns 9,327 shares of the company’s stock valued at $684,000 after acquiring an additional 333 shares in the last quarter. Finally, Silverlake Wealth Management LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the fourth quarter worth approximately $251,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of MDYV traded up $0.44 during trading hours on Thursday, hitting $70.78. 20,195 shares of the stock were exchanged, compared to its average volume of 285,668. The stock’s 50-day moving average price is $73.10 and its two-hundred day moving average price is $69.71. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $59.67 and a 12-month high of $76.26. The company has a market cap of $2.42 billion, a price-to-earnings ratio of 14.54 and a beta of 1.17.

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.