Independent Advisor Alliance raised its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV – Free Report) by 1,244.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 47,936 shares of the company’s stock after purchasing an additional 44,371 shares during the quarter. Independent Advisor Alliance’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $3,844,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Continuum Advisory LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 2,007.1% in the 3rd 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. Assetmark Inc. increased its holdings in shares of 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 stake 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 acquiring an additional 319 shares during the last quarter. Crews Bank & Trust acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 4th quarter valued at $45,000. Finally, Centricity Wealth Management LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the 4th quarter worth $59,000.
SPDR S&P 400 Mid Cap Value ETF Stock Down 0.6 %
Shares of MDYV opened at $76.65 on Wednesday. The stock has a market cap of $2.41 billion, a PE ratio of 16.84 and a beta of 1.17. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $70.14 and a 12-month high of $87.81. The business has a 50-day simple moving average of $81.43 and a two-hundred day simple moving average of $81.15.
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.
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