CMC Financial Group Buys New Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

CMC Financial Group bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,720 shares of the company’s stock, valued at approximately $218,000. SPDR S&P 400 Mid Cap Value ETF accounts for 0.5% of CMC Financial Group’s portfolio, making the stock its 28th biggest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Continuum Advisory LLC boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 2,007.1% during the 3rd quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock valued at $25,000 after acquiring an additional 281 shares during the period. Assetmark Inc. boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 1,088.5% during the 4th quarter. Assetmark Inc. now owns 309 shares of the company’s stock valued at $25,000 after acquiring an additional 283 shares during the period. MassMutual Private Wealth & Trust FSB boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 996.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 351 shares of the company’s stock valued at $28,000 after buying an additional 319 shares during the period. Millstone Evans Group LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at about $36,000. Finally, Crews Bank & Trust purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 4th quarter valued at about $45,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of MDYV opened at $77.55 on Monday. The stock has a 50-day simple moving average of $80.97 and a 200-day simple moving average of $81.11. The stock has a market capitalization of $2.44 billion, a PE ratio of 16.84 and a beta of 1.17. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $70.15 and a 1 year high of $87.81.

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.