Stonebridge Financial Group LLC Takes Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Stonebridge Financial Group LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 6,934 shares of the company’s stock, valued at approximately $556,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 7.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,357,586 shares of the company’s stock valued at $505,174,000 after buying an additional 450,824 shares during the last quarter. Lutz Financial Services LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 2.2% during the 3rd quarter. Lutz Financial Services LLC now owns 690,992 shares of the company’s stock worth $54,906,000 after acquiring an additional 14,917 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in 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 worth $38,039,000 after purchasing an additional 468,384 shares during the period. Benjamin Edwards Inc. lifted its position in SPDR S&P 400 Mid Cap Value ETF by 2,202.9% in the third 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 during 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% during the fourth 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 during the period.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of SPDR S&P 400 Mid Cap Value ETF stock opened at $82.19 on Wednesday. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $69.93 and a 52-week high of $87.81. The company’s 50 day moving average price is $82.36 and its 200-day moving average price is $80.50. The stock has a market capitalization of $2.76 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11.

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.