SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Sets New 52-Week High – Here’s What Happened

by · The Cerbat Gem

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV – Get Free Report)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $91.07 and last traded at $90.7090, with a volume of 20219 shares changing hands. The stock had previously closed at $89.08.

SPDR S&P 400 Mid Cap Value ETF Price Performance

The firm has a market cap of $2.61 billion, a P/E ratio of 15.85 and a beta of 1.05. The business’s 50-day moving average is $86.84 and its two-hundred day moving average is $84.09.

Hedge Funds Weigh In On SPDR S&P 400 Mid Cap Value ETF

Institutional investors have recently bought and sold shares of the business. Chicago Partners Investment Group LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 12.0% during the third quarter. Chicago Partners Investment Group LLC now owns 54,427 shares of the company’s stock worth $4,539,000 after purchasing an additional 5,852 shares during the period. AE Wealth Management LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 16.3% in the third quarter. AE Wealth Management LLC now owns 661,703 shares of the company’s stock worth $55,193,000 after purchasing an additional 92,682 shares during the period. Balanced Wealth Group LLC raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 7.5% in the 2nd quarter. Balanced Wealth Group LLC now owns 152,171 shares of the company’s stock valued at $12,212,000 after buying an additional 10,619 shares in the last quarter. Burney Co. lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 286.9% during the third quarter. Burney Co. now owns 10,005 shares of the company’s stock worth $835,000 after purchasing an additional 7,419 shares during the last quarter. Finally, Titleist Asset Management LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 2nd quarter worth $4,555,000.

About SPDR S&P 400 Mid Cap Value ETF

(Get Free Report)

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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ CapitalMarket with market capitalizations between $850 million and $3.8 billion.

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