SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Sees Large Volume Increase – Time to Buy?

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) shares saw unusually-strong trading volume on Tuesday . Approximately 835,906 shares were traded during trading, an increase of 227% from the previous session’s volume of 255,786 shares.The stock last traded at $80.66 and had previously closed at $80.20.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.7 %

The stock has a market capitalization of $2.78 billion, a PE ratio of 14.55 and a beta of 1.11. The company’s 50-day moving average is $82.96 and its 200 day moving average is $79.38.

Institutional Investors Weigh In On SPDR S&P 400 Mid Cap Value ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Continuum Advisory LLC boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 2,007.1% in the third quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock valued at $25,000 after purchasing an additional 281 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of 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 during the period. US Bancorp DE boosted its stake 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 buying an additional 200 shares during the last quarter. Pinnacle Bancorp Inc. grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 93.4% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,619 shares of the company’s stock worth $130,000 after acquiring an additional 782 shares during the period. Finally, DRW Securities LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at approximately $202,000.

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.