HFG Advisors Inc. Grows Stock Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

HFG Advisors Inc. lifted its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 12.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,073 shares of the company’s stock after purchasing an additional 1,493 shares during the quarter. HFG Advisors Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,048,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Integrated Wealth Concepts LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 0.3% during the third quarter. Integrated Wealth Concepts LLC now owns 39,985 shares of the company’s stock worth $3,177,000 after purchasing an additional 134 shares during the last quarter. Montz Harcus Wealth Management LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 1.0% during the third quarter. Montz Harcus Wealth Management LLC now owns 13,973 shares of the company’s stock worth $1,110,000 after purchasing an additional 136 shares during the last quarter. KPP Advisory Services LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 2.2% during the fourth quarter. KPP Advisory Services LLC now owns 7,261 shares of the company’s stock worth $582,000 after acquiring an additional 157 shares during the period. Independent Advisor Alliance grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 5.2% during the third quarter. Independent Advisor Alliance now owns 3,565 shares of the company’s stock worth $283,000 after acquiring an additional 175 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 0.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 41,307 shares of the company’s stock worth $3,313,000 after acquiring an additional 197 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of MDYV stock opened at $83.34 on Monday. The business’s fifty day moving average price is $82.85 and its 200 day moving average price is $80.24. 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 firm has a market capitalization of $2.80 billion, a PE ratio of 14.55 and a beta of 1.11.

About SPDR S&P 400 Mid Cap Value ETF

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.