Garden State Investment Advisory Services LLC Acquires 1,285 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Garden State Investment Advisory Services LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 2.3% in the third quarter, Holdings Channel reports. The firm owned 57,864 shares of the company’s stock after buying an additional 1,285 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF accounts for about 1.4% of Garden State Investment Advisory Services LLC’s portfolio, making the stock its 17th biggest position. Garden State Investment Advisory Services LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $4,610,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Continuum Advisory LLC lifted its position in 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 valued at $25,000 after purchasing an additional 281 shares during the period. PSI Advisors LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 35.5% during the 2nd quarter. PSI Advisors LLC now owns 584 shares of the company’s stock valued at $43,000 after acquiring an additional 153 shares during the period. Gradient Investments LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1,259.7% during the 2nd quarter. Gradient Investments LLC now owns 1,047 shares of the company’s stock valued at $76,000 after acquiring an additional 970 shares during the period. US Bancorp DE increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 26.5% in the 3rd quarter. US Bancorp DE now owns 955 shares of the company’s stock worth $76,000 after purchasing an additional 200 shares in the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new position in SPDR S&P 400 Mid Cap Value ETF during the second quarter valued at $80,000.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.5 %

MDYV traded down $0.41 during midday trading on Friday, reaching $83.96. The company had a trading volume of 18,117 shares, compared to its average volume of 224,854. The business has a 50-day moving average of $82.72 and a two-hundred day moving average of $78.09. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $69.88 and a 1 year high of $87.81. The company has a market cap of $2.82 billion, a P/E ratio of 14.55 and a beta of 1.11.

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.