Cetera Investment Advisers Has $16.64 Million Stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Cetera Investment Advisers raised its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 4.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 207,515 shares of the company’s stock after purchasing an additional 9,265 shares during the quarter. Cetera Investment Advisers’ holdings in SPDR S&P 400 Mid Cap Value ETF were worth $16,643,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Assetmark Inc. raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 1,088.5% in the 4th quarter. Assetmark Inc. now owns 309 shares of the company’s stock valued at $25,000 after purchasing an additional 283 shares during the period. MassMutual Private Wealth & Trust FSB raised its stake in SPDR S&P 400 Mid Cap Value ETF by 996.9% in the fourth 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. Millstone Evans Group LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the fourth quarter valued at approximately $36,000. Crews Bank & Trust acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the fourth quarter valued at approximately $45,000. Finally, Centricity Wealth Management LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 4th quarter worth approximately $59,000.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.1 %

MDYV opened at $75.93 on Friday. The stock’s fifty day simple moving average is $74.51 and its 200 day simple moving average is $79.69. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $65.86 and a 1-year high of $87.81. The stock has a market cap of $2.30 billion, a PE ratio of 15.68 and a beta of 1.06.

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.