PFG Advisors Buys 264 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

PFG Advisors raised its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 3.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,191 shares of the company’s stock after purchasing an additional 264 shares during the period. PFG Advisors’ holdings in SPDR S&P 400 Mid Cap Value ETF were worth $577,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Lutz Financial Services LLC boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 0.5% in the 4th quarter. Lutz Financial Services LLC now owns 694,697 shares of the company’s stock valued at $55,715,000 after purchasing an additional 3,705 shares during the period. Strategic Financial Concepts LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 7,913.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 474,303 shares of the company’s stock valued at $38,039,000 after buying an additional 468,384 shares in the last quarter. Benjamin Edwards Inc. raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2,202.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 470,855 shares of the company’s stock valued at $37,414,000 after buying an additional 450,409 shares in the last quarter. Canandaigua National Bank & Trust Co. raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 1.6% in the 4th quarter. Canandaigua National Bank & Trust Co. now owns 381,010 shares of the company’s stock valued at $30,557,000 after buying an additional 6,094 shares in the last quarter. Finally, Avantax Planning Partners Inc. raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 20.2% in the 4th quarter. Avantax Planning Partners Inc. now owns 338,411 shares of the company’s stock valued at $27,141,000 after buying an additional 56,825 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of MDYV stock opened at $77.13 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $70.14 and a 52-week high of $87.81. The stock has a market cap of $2.43 billion, a price-to-earnings ratio of 16.84 and a beta of 1.17. The firm has a fifty day moving average of $81.19 and a 200-day moving average of $81.07.

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.