SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans raised its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 1.7% during the 4th quarter, Holdings Channel reports. The firm owned 69,635 shares of the company’s stock after acquiring an additional 1,145 shares during the quarter. Thrivent Financial for Lutherans’ holdings in SPDR S&P 400 Mid Cap Value ETF were worth $5,585,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Independent Advisor Alliance increased its holdings in SPDR S&P 400 Mid Cap Value ETF by 5.2% during the 3rd quarter. Independent Advisor Alliance now owns 3,565 shares of the company’s stock valued at $283,000 after acquiring an additional 175 shares in the last quarter. DRW Securities LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter worth approximately $202,000. Shum Financial Group Inc. acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter worth approximately $1,881,000. Townsquare Capital LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 3.3% in the 3rd quarter. Townsquare Capital LLC now owns 109,487 shares of the company’s stock valued at $8,700,000 after buying an additional 3,453 shares in the last quarter. Finally, Captrust Financial Advisors grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 85.6% during the 3rd quarter. Captrust Financial Advisors now owns 38,376 shares of the company’s stock valued at $3,049,000 after buying an additional 17,702 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Up 1.7 %

NYSEARCA MDYV opened at $78.85 on Tuesday. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $70.15 and a fifty-two week high of $87.81. The business has a fifty day moving average of $80.94 and a 200-day moving average of $81.12. The stock 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 company also recently declared a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.2455 per share. The ex-dividend date is Monday, March 24th.

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.