PFG Advisors Has $577,000 Stock Holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

PFG Advisors increased its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 3.8% in the fourth quarter, HoldingsChannel reports. The firm owned 7,191 shares of the company’s stock after purchasing an additional 264 shares during the period. PFG Advisors’ holdings in SPDR S&P 400 Mid Cap Value ETF were worth $577,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in MDYV. Strategic Financial Concepts LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 7,913.2% during 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 in the last quarter. Benjamin Edwards Inc. increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2,202.9% during the 3rd quarter. Benjamin Edwards Inc. now owns 470,855 shares of the company’s stock worth $37,414,000 after purchasing an additional 450,409 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 4th quarter worth about $15,836,000. Foundations Investment Advisors LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 4th quarter worth about $11,287,000. Finally, Avantax Planning Partners Inc. increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 20.2% during the 4th quarter. Avantax Planning Partners Inc. now owns 338,411 shares of the company’s stock worth $27,141,000 after purchasing an additional 56,825 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Up 2.2 %

Shares of SPDR S&P 400 Mid Cap Value ETF stock opened at $77.13 on Friday. The stock has a market capitalization of $2.43 billion, a P/E ratio of 16.84 and a beta of 1.17. The company has a 50-day simple moving average of $81.19 and a 200 day simple moving average of $81.07. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $70.14 and a 12-month high of $87.81.

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.