Stevens Capital Partners Increases Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Stevens Capital Partners lifted its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 0.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 18,124 shares of the company’s stock after purchasing an additional 165 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF makes up 0.7% of Stevens Capital Partners’ holdings, making the stock its 27th biggest holding. Stevens Capital Partners’ holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,454,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 7.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,357,586 shares of the company’s stock worth $505,174,000 after buying an additional 450,824 shares in the last quarter. Lutz Financial Services LLC boosted its stake in shares of 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 in the last quarter. Strategic Financial Concepts LLC boosted 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 purchasing an additional 468,384 shares in the last quarter. Benjamin Edwards Inc. boosted 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 purchasing an additional 450,409 shares in the last quarter. Finally, Canandaigua National Bank & Trust Co. boosted 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 purchasing an additional 6,094 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Down 1.9 %

NYSEARCA MDYV opened at $80.70 on Friday. The company has a 50-day simple moving average of $81.83 and a two-hundred day simple moving average of $80.84. 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 firm has a market cap of $2.56 billion, a price-to-earnings ratio of 18.12 and a beta of 1.17.

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.