Confluence Investment Management LLC Buys 32,026 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Confluence Investment Management LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 14.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 251,986 shares of the company’s stock after acquiring an additional 32,026 shares during the quarter. Confluence Investment Management LLC owned 0.75% of SPDR S&P 400 Mid Cap Value ETF worth $20,209,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in MDYV. Continuum Advisory LLC grew its position 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 worth $25,000 after purchasing an additional 281 shares during the period. US Bancorp DE grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 26.5% in the third quarter. US Bancorp DE now owns 955 shares of the company’s stock worth $76,000 after acquiring an additional 200 shares during the period. Cullen Frost Bankers Inc. purchased a new stake in SPDR S&P 400 Mid Cap Value ETF during the second quarter valued at $80,000. Glassman Wealth Services bought a new position in SPDR S&P 400 Mid Cap Value ETF in the second quarter valued at about $190,000. Finally, DRW Securities LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the third quarter worth about $202,000.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.0 %

Shares of SPDR S&P 400 Mid Cap Value ETF stock traded up $0.04 during trading hours on Thursday, reaching $80.24. 252,972 shares of the stock traded hands, compared to its average volume of 297,790. The company has a 50 day moving average price of $82.95 and a 200 day moving average price of $78.84. SPDR S&P 400 Mid Cap Value ETF has a one year low of $69.88 and a one year high of $87.81. The firm has a market capitalization of $2.70 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11.

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.