Ameriprise Financial Inc. Purchases 15,611 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Ameriprise Financial Inc. increased its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 12.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 138,493 shares of the company’s stock after purchasing an additional 15,611 shares during the period. Ameriprise Financial Inc. owned 0.41% of SPDR S&P 400 Mid Cap Value ETF worth $11,106,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its position in SPDR S&P 400 Mid Cap Value ETF by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,758 shares of the company’s stock worth $1,173,000 after buying an additional 410 shares during the last quarter. Park Avenue Securities LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 12.2% during the 4th quarter. Park Avenue Securities LLC now owns 11,920 shares of the company’s stock worth $956,000 after buying an additional 1,292 shares during the last quarter. Krilogy Financial LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 3.0% during the 4th quarter. Krilogy Financial LLC now owns 12,173 shares of the company’s stock worth $976,000 after buying an additional 360 shares during the last quarter. HF Advisory Group LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 8.9% during the 4th quarter. HF Advisory Group LLC now owns 13,983 shares of the company’s stock worth $1,121,000 after buying an additional 1,148 shares during the last quarter. Finally, Brady Martz Wealth Solutions LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF during the 4th quarter worth approximately $1,807,000.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.9%

MDYV opened at $79.28 on Monday. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $65.86 and a 12-month high of $87.81. The firm has a market capitalization of $2.40 billion, a PE ratio of 15.68 and a beta of 1.06. The firm has a 50 day moving average of $74.60 and a two-hundred day moving average of $79.64.

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.