Florida Financial Advisors LLC Increases Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Florida Financial Advisors LLC boosted its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 25.6% in the 4th quarter, Holdings Channel reports. The fund owned 14,325 shares of the company’s stock after purchasing an additional 2,923 shares during the period. Florida Financial Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,149,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Continuum Advisory LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 2,007.1% during the third quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock worth $25,000 after purchasing an additional 281 shares during the last quarter. Assetmark Inc. lifted its position in SPDR S&P 400 Mid Cap Value ETF by 1,088.5% during the fourth quarter. Assetmark Inc. now owns 309 shares of the company’s stock worth $25,000 after buying an additional 283 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in 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 acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF during 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 during the 4th quarter worth about $45,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

SPDR S&P 400 Mid Cap Value ETF stock opened at $78.85 on Tuesday. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $70.15 and a 1 year high of $87.81. The firm has a 50 day moving average price of $80.94 and a 200 day moving average price of $81.12. The company has a market cap of $2.48 billion, a price-to-earnings ratio of 16.84 and a beta of 1.17.

SPDR S&P 400 Mid Cap Value ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be paid a dividend of $0.2455 per share. The ex-dividend date of this dividend is Monday, March 24th.

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.