Kestra Private Wealth Services LLC Makes New $205,000 Investment in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Kestra Private Wealth Services LLC acquired a new stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,665 shares of the company’s stock, valued at approximately $205,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 7.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,846,141 shares of the company’s stock worth $549,060,000 after purchasing an additional 488,555 shares in the last quarter. NorthRock Partners LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 164.4% during the 4th quarter. NorthRock Partners LLC now owns 1,330,054 shares of the company’s stock worth $106,670,000 after acquiring an additional 826,988 shares in the last quarter. Susquehanna International Group LLP purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the 4th quarter worth about $80,200,000. Stifel Financial Corp grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 19.2% during the 4th quarter. Stifel Financial Corp now owns 674,495 shares of the company’s stock valued at $54,094,000 after buying an additional 108,698 shares during the last quarter. Finally, Benjamin Edwards Inc. raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 21.3% in the fourth quarter. Benjamin Edwards Inc. now owns 571,373 shares of the company’s stock valued at $45,825,000 after buying an additional 100,518 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV opened at $81.97 on Tuesday. The business has a 50-day moving average of $79.48 and a two-hundred day moving average of $78.40. 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 stock has a market capitalization of $2.46 billion, a price-to-earnings ratio of 15.85 and a beta of 1.17.

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.