EWG Elevate Inc. Invests $323,000 in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

EWG Elevate Inc. bought a new stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,034 shares of the company’s stock, valued at approximately $323,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Waller Financial Planning Group Inc. raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 5.3% during the third quarter. Waller Financial Planning Group Inc. now owns 68,870 shares of the company’s stock worth $5,472,000 after purchasing an additional 3,477 shares in the last quarter. WCG Wealth Advisors LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 4.9% during the 2nd quarter. WCG Wealth Advisors LLC now owns 106,193 shares of the company’s stock valued at $7,746,000 after purchasing an additional 4,936 shares during the period. Integrated Wealth Concepts LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 0.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 39,985 shares of the company’s stock worth $3,177,000 after buying an additional 134 shares in the last quarter. Brookstone Capital Management lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 83.9% in the third quarter. Brookstone Capital Management now owns 14,962 shares of the company’s stock valued at $1,189,000 after buying an additional 6,826 shares during the period. Finally, CWM LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 29.0% during the third quarter. CWM LLC now owns 128,319 shares of the company’s stock valued at $10,196,000 after buying an additional 28,841 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Down 1.5 %

NYSEARCA:MDYV opened at $79.31 on Monday. The business’s 50-day moving average price is $82.99 and its 200 day moving average price is $79.25. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $69.88 and a 52-week high of $87.81. The firm has a market cap of $2.66 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.