Park Avenue Securities LLC Buys 1,292 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Park Avenue Securities LLC increased its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 12.2% during the fourth quarter, HoldingsChannel reports. The firm owned 11,920 shares of the company’s stock after acquiring an additional 1,292 shares during the period. Park Avenue Securities LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $956,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of MDYV. Continuum Advisory LLC raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 2,007.1% during the 3rd quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock valued at $25,000 after acquiring an additional 281 shares during the period. US Bancorp DE raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 26.5% during the 3rd quarter. US Bancorp DE now owns 955 shares of the company’s stock valued at $76,000 after acquiring an additional 200 shares during the period. DRW Securities LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter valued at $202,000. Etfidea LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter valued at $209,000. Finally, Vance Wealth Inc. bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter valued at $211,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of MDYV stock opened at $83.03 on Tuesday. The company’s fifty day simple moving average is $82.90 and its two-hundred day simple moving average is $79.58. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $69.93 and a 1 year high of $87.81. The stock has a market capitalization of $2.79 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.