Millstone Evans Group LLC Invests $36,000 in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Millstone Evans Group LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 452 shares of the company’s stock, valued at approximately $36,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Continuum Advisory LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 2,007.1% during the 3rd quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock worth $25,000 after purchasing an additional 281 shares during the last quarter. Assetmark Inc. lifted its position in SPDR S&P 400 Mid Cap Value ETF by 1,088.5% during the fourth quarter. Assetmark Inc. now owns 309 shares of the company’s stock worth $25,000 after buying an additional 283 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in SPDR S&P 400 Mid Cap Value ETF by 996.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 351 shares of the company’s stock worth $28,000 after buying an additional 319 shares in the last quarter. Crews Bank & Trust acquired a new position in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter worth $45,000. Finally, Centricity Wealth Management LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at $59,000.

SPDR S&P 400 Mid Cap Value ETF Stock Up 1.7 %

NYSEARCA MDYV opened at $78.85 on Tuesday. The business’s fifty day simple moving average is $80.94 and its 200-day simple moving average is $81.12. The firm has a market cap of $2.48 billion, a PE ratio of 16.84 and a beta of 1.17. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $70.15 and a 52 week high of $87.81.

SPDR S&P 400 Mid Cap Value ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be issued a $0.2455 dividend. The ex-dividend date of this dividend is Monday, March 24th.

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.