Friday Financial Grows Stake in SPDR S&P 400 Mid Cap Value ETF $MDYV

Friday Financial increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 130.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,915 shares of the company’s stock after purchasing an additional 7,868 shares during the period. Friday Financial’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,305,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MDYV. Capital Wealth Management LLC boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 4.5% in the 2nd quarter. Capital Wealth Management LLC now owns 101,953 shares of the company’s stock worth $9,670,000 after buying an additional 4,401 shares during the last quarter. Cultivar Capital Inc. raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 63.2% during the second quarter. Cultivar Capital Inc. now owns 9,610 shares of the company’s stock valued at $912,000 after acquiring an additional 3,720 shares during the last quarter. Bill Few Associates Inc. lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1.7% in the second quarter. Bill Few Associates Inc. now owns 35,878 shares of the company’s stock valued at $3,403,000 after acquiring an additional 596 shares in the last quarter. Balefire LLC lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 9.4% in the second quarter. Balefire LLC now owns 5,293 shares of the company’s stock valued at $502,000 after acquiring an additional 453 shares in the last quarter. Finally, McNaughton Wealth Management LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the second quarter worth approximately $220,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of MDYV opened at $96.66 on Monday. SPDR S&P 400 Mid Cap Value ETF has a one year low of $79.11 and a one year high of $97.58. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 15.85 and a beta of 0.96. The stock has a 50 day moving average price of $94.15 and a 200 day moving average price of $90.76.

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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ CapitalMarket with market capitalizations between $850 million and $3.8 billion.