SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Reaches New 12-Month High at $79.78

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $79.78 and last traded at $79.58, with a volume of 58858 shares trading hands. The stock had previously closed at $78.47.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.8 %

The business has a 50-day simple moving average of $76.66 and a two-hundred day simple moving average of $74.56. The stock has a market capitalization of $2.66 billion, a P/E ratio of 14.55 and a beta of 1.11.

Institutional Investors Weigh In On SPDR S&P 400 Mid Cap Value ETF

Large investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in SPDR S&P 400 Mid Cap Value ETF by 663.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 3,137,364 shares of the company’s stock valued at $230,220,000 after buying an additional 2,726,536 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 16.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,237,228 shares of the company’s stock worth $398,029,000 after acquiring an additional 721,830 shares in the last quarter. Orion Portfolio Solutions LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 10,168.0% during the 4th quarter. Orion Portfolio Solutions LLC now owns 554,679 shares of the company’s stock worth $40,292,000 after acquiring an additional 549,277 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in SPDR S&P 400 Mid Cap Value ETF by 7,775.1% during the 2nd quarter. Strategic Financial Concepts LLC now owns 469,671 shares of the company’s stock valued at $34,258,000 after purchasing an additional 463,707 shares in the last quarter. Finally, Kestra Advisory Services LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 242.0% in the 1st quarter. Kestra Advisory Services LLC now owns 529,356 shares of the company’s stock valued at $40,231,000 after purchasing an additional 374,595 shares during the last quarter.

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.