TIAA Trust National Association Has $65.03 Million Stock Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

TIAA Trust National Association lifted its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 39.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 810,809 shares of the company’s stock after buying an additional 229,359 shares during the period. TIAA Trust National Association’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $65,027,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in MDYV. Continuum Advisory LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 2,007.1% in the third quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock valued at $25,000 after acquiring an additional 281 shares during the period. Assetmark Inc. lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 1,088.5% during the 4th quarter. Assetmark Inc. now owns 309 shares of the company’s stock valued at $25,000 after purchasing an additional 283 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 996.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 351 shares of the company’s stock valued at $28,000 after purchasing an additional 319 shares during the period. Millstone Evans Group LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at approximately $36,000. Finally, Crews Bank & Trust bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the 4th quarter worth approximately $45,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of MDYV stock opened at $78.85 on Tuesday. The company has a market capitalization of $2.48 billion, a P/E ratio of 16.84 and a beta of 1.17. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $70.15 and a 52 week high of $87.81. The company’s 50 day moving average price is $80.94 and its two-hundred day moving average price is $81.12.

SPDR S&P 400 Mid Cap Value ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be given a $0.2455 dividend. The ex-dividend date is Monday, March 24th.

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.