Net Worth Advisory Group Purchases Shares of 8,511 SPDR S&P 400 Mid Cap Value ETF $MDYV

Net Worth Advisory Group acquired a new stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 8,511 shares of the company’s stock, valued at approximately $720,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. CoreCap Advisors LLC raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 39.4% in the fourth quarter. CoreCap Advisors LLC now owns 852 shares of the company’s stock valued at $72,000 after acquiring an additional 241 shares in the last quarter. Norden Group LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 2.5% in the fourth quarter. Norden Group LLC now owns 5,593 shares of the company’s stock worth $473,000 after acquiring an additional 136 shares during the last quarter. Balanced Wealth Group LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 3.2% during the 4th quarter. Balanced Wealth Group LLC now owns 156,582 shares of the company’s stock worth $13,118,000 after acquiring an additional 4,879 shares in the last quarter. Flagstar Advisors Inc. grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 4.0% during the 4th quarter. Flagstar Advisors Inc. now owns 5,336 shares of the company’s stock worth $452,000 after acquiring an additional 207 shares in the last quarter. Finally, Silverlake Wealth Management LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 34.2% in the 4th quarter. Silverlake Wealth Management LLC now owns 9,194 shares of the company’s stock valued at $778,000 after purchasing an additional 2,343 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Trading Down 1.5%

Shares of NYSEARCA:MDYV opened at $83.35 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $65.86 and a 52 week high of $93.10. The company’s 50 day moving average is $88.44 and its two-hundred day moving average is $85.74. The company has a market cap of $2.38 billion, a PE ratio of 15.85 and a beta of 1.05.

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.