SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV – Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $96.43 and last traded at $96.43, with a volume of 9739 shares changing hands. The stock had previously closed at $95.90.
SPDR S&P 400 Mid Cap Value ETF Stock Up 1.4%
The firm has a market capitalization of $2.83 billion, a price-to-earnings ratio of 15.85 and a beta of 0.96. The stock has a 50-day moving average price of $93.74 and a 200 day moving average price of $90.56.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in MDYV. US Bancorp DE increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 23.9% in the 3rd quarter. US Bancorp DE now owns 643 shares of the company’s stock valued at $54,000 after purchasing an additional 124 shares during the last quarter. Basecamp Wealth Advisors LLC acquired a new stake in SPDR S&P 400 Mid Cap Value ETF in the first quarter valued at $55,000. Miller Capital Partners Inc. acquired a new stake in SPDR S&P 400 Mid Cap Value ETF in the fourth quarter valued at $65,000. Tucker Asset Management LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 160.6% in the fourth quarter. Tucker Asset Management LLC now owns 1,058 shares of the company’s stock valued at $90,000 after buying an additional 652 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 47.2% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,120 shares of the company’s stock worth $95,000 after buying an additional 359 shares during the last quarter.
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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ CapitalMarket with market capitalizations between $850 million and $3.8 billion.
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