MONECO Advisors LLC Increases Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

MONECO Advisors LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 57.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 21,200 shares of the company’s stock after buying an additional 7,728 shares during the quarter. MONECO Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,700,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Continuum Advisory LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 2,007.1% during the third quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock valued at $25,000 after buying an additional 281 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of 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 worth $28,000 after purchasing an additional 319 shares during the last quarter. Crews Bank & Trust purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the fourth quarter worth $45,000. Centricity Wealth Management LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the fourth quarter worth $59,000. Finally, US Bancorp DE raised its stake 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 purchasing an additional 200 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV stock opened at $80.70 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $70.14 and a 1-year high of $87.81. The business has a fifty day moving average price of $81.83 and a 200-day moving average price of $80.84. The stock has a market capitalization of $2.56 billion, a P/E 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.