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

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 82,316 shares, a growth of 64.4% from the June 30th total of 50,079 shares. Based on an average daily volume of 68,390 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR S&P 400 Mid Cap Value ETF

Large investors have recently made changes to their positions in the business. Canandaigua National Bank & Trust Co. bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 2nd quarter worth $33,639,000. AE Wealth Management LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 29.8% in the fourth quarter. AE Wealth Management LLC now owns 858,798 shares of the company’s stock valued at $72,697,000 after purchasing an additional 197,095 shares in the last quarter. WCG Wealth Advisors LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 187.5% in the fourth quarter. WCG Wealth Advisors LLC now owns 240,820 shares of the company’s stock valued at $20,386,000 after acquiring an additional 157,062 shares during the last quarter. MML Investors Services LLC raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 86.7% during the second quarter. MML Investors Services LLC now owns 152,886 shares of the company’s stock valued at $12,144,000 after buying an additional 70,997 shares in the last quarter. Finally, Avantax Planning Partners Inc. boosted its position in SPDR S&P 400 Mid Cap Value ETF by 7.1% during the fourth quarter. Avantax Planning Partners Inc. now owns 893,442 shares of the company’s stock worth $75,630,000 after purchasing an additional 59,114 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Trading Down 0.2%

SPDR S&P 400 Mid Cap Value ETF stock traded down $0.21 during midday trading on Friday, reaching $95.00. 503,169 shares of the stock traded hands, compared to its average volume of 86,997. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $78.19 and a fifty-two week high of $96.25. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of 15.85 and a beta of 0.96. The firm has a fifty day moving average price of $93.64 and a two-hundred day moving average price of $90.49.

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. 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.