Signature Estate & Investment Advisors LLC Has $3.78 Million Stock Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Signature Estate & Investment Advisors LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 97.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,090 shares of the company’s stock after buying an additional 23,186 shares during the period. Signature Estate & Investment Advisors LLC owned 0.14% of SPDR S&P 400 Mid Cap Value ETF worth $3,777,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in MDYV. TIAA Trust National Association increased its holdings in SPDR S&P 400 Mid Cap Value ETF by 39.4% during the 4th quarter. TIAA Trust National Association now owns 810,809 shares of the company’s stock worth $65,027,000 after purchasing an additional 229,359 shares in the last quarter. CMC Financial Group acquired a new stake in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter worth approximately $218,000. Millstone Evans Group LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the fourth quarter worth approximately $36,000. Thrivent Financial for Lutherans increased its position in SPDR S&P 400 Mid Cap Value ETF by 1.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 69,635 shares of the company’s stock worth $5,585,000 after buying an additional 1,145 shares during the period. Finally, Kestra Advisory Services LLC boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 0.9% in the fourth quarter. Kestra Advisory Services LLC now owns 565,845 shares of the company’s stock valued at $45,381,000 after acquiring an additional 5,006 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of MDYV opened at $78.85 on Tuesday. SPDR S&P 400 Mid Cap Value ETF has a one year low of $70.15 and a one year high of $87.81. The firm has a 50 day simple moving average of $80.94 and a two-hundred day simple moving average of $81.12. The company has a market cap of $2.48 billion, a P/E ratio of 16.84 and a beta of 1.17.

SPDR S&P 400 Mid Cap Value ETF Cuts Dividend

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

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.