Capital Investment Advisory Services LLC Purchases 161 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Capital Investment Advisory Services LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 40.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 562 shares of the company’s stock after acquiring an additional 161 shares during the period. Capital Investment Advisory Services LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $41,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. CWM LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 37.9% during the 4th quarter. CWM LLC now owns 72,682 shares of the company’s stock valued at $5,333,000 after purchasing an additional 19,984 shares during the last quarter. J.W. Cole Advisors Inc. bought a new position in SPDR S&P 400 Mid Cap Value ETF during the 4th quarter worth approximately $325,000. RIA Advisory Group LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF during the 4th quarter worth approximately $196,000. Sterling Financial Planning Inc. grew its position in SPDR S&P 400 Mid Cap Value ETF by 51.1% during the 4th quarter. Sterling Financial Planning Inc. now owns 6,924 shares of the company’s stock worth $508,000 after acquiring an additional 2,342 shares during the last quarter. Finally, HF Advisory Group LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 10.3% during the 4th quarter. HF Advisory Group LLC now owns 8,724 shares of the company’s stock worth $640,000 after acquiring an additional 812 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

NYSEARCA MDYV opened at $72.04 on Friday. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $59.67 and a fifty-two week high of $76.26. The stock has a 50 day simple moving average of $73.10 and a two-hundred day simple moving average of $70.02. The stock has a market cap of $2.48 billion, a P/E ratio of 13.97 and a beta of 1.11.

SPDR S&P 400 Mid Cap Value ETF 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.