RIA Advisory Group LLC Takes Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

RIA Advisory Group LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,665 shares of the company’s stock, valued at approximately $196,000.

Several other large investors have also added to or reduced their stakes in MDYV. Financial Engines Advisors L.L.C. raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 18.0% during the third quarter. Financial Engines Advisors L.L.C. now owns 1,723,490 shares of the company’s stock valued at $111,786,000 after purchasing an additional 263,227 shares during the period. LPL Financial LLC increased its position in SPDR S&P 400 Mid Cap Value ETF by 10.7% in the 3rd quarter. LPL Financial LLC now owns 1,121,915 shares of the company’s stock valued at $72,767,000 after buying an additional 108,439 shares in the last quarter. Townsquare Capital LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 2.1% during the 3rd quarter. Townsquare Capital LLC now owns 729,680 shares of the company’s stock worth $47,327,000 after buying an additional 14,816 shares during the period. TIAA Trust National Association boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 14.3% in the fourth quarter. TIAA Trust National Association now owns 653,271 shares of the company’s stock worth $47,937,000 after acquiring an additional 81,823 shares in the last quarter. Finally, NorthRock Partners LLC boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 1.4% in the third quarter. NorthRock Partners LLC now owns 630,470 shares of the company’s stock worth $40,892,000 after acquiring an additional 8,678 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Up 0.8 %

MDYV traded up $0.59 during trading on Friday, hitting $71.04. 147,157 shares of the company’s stock were exchanged, compared to its average volume of 285,394. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $59.67 and a fifty-two week high of $76.26. The stock has a market cap of $2.43 billion, a P/E ratio of 14.54 and a beta of 1.17. The business’s 50 day moving average is $73.08 and its two-hundred day moving average is $69.72.

SPDR S&P 400 Mid Cap Value ETF 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.