Sterling Financial Planning Inc. Increases Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Sterling Financial Planning Inc. boosted its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 51.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,924 shares of the company’s stock after purchasing an additional 2,342 shares during the quarter. Sterling Financial Planning Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $508,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of MDYV. Ancora Advisors LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 101.7% in the first quarter. Ancora Advisors LLC now owns 605 shares of the company’s stock worth $40,000 after purchasing an additional 305 shares during the period. Almanack Investment Partners LLC. bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter worth approximately $42,000. Fifth Third Bancorp bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the third quarter worth approximately $62,000. FMR LLC lifted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 26.2% in the first quarter. FMR LLC now owns 1,390 shares of the company’s stock worth $92,000 after buying an additional 289 shares in the last quarter. Finally, UMB Bank n.a. lifted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 41.3% in the fourth quarter. UMB Bank n.a. now owns 1,301 shares of the company’s stock worth $95,000 after buying an additional 380 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.2 %

Shares of NYSEARCA MDYV traded up $0.11 during midday trading on Thursday, hitting $70.45. The stock had a trading volume of 125,655 shares, compared to its average volume of 287,238. The business’s 50 day moving average is $73.10 and its 200-day moving average is $69.71. The company has a market cap of $2.41 billion, a P/E ratio of 14.54 and a beta of 1.17. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $59.67 and a 52 week high of $76.26.

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.