SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Shares Bought by Rodgers & Associates LTD

Rodgers & Associates LTD boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 7.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 203,271 shares of the company’s stock after buying an additional 13,813 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF comprises about 2.0% of Rodgers & Associates LTD’s investment portfolio, making the stock its 15th biggest holding. Rodgers & Associates LTD’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $14,916,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Financial Engines Advisors L.L.C. grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 18.0% during the third quarter. Financial Engines Advisors L.L.C. now owns 1,723,490 shares of the company’s stock worth $111,786,000 after buying an additional 263,227 shares in the last quarter. LPL Financial LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 10.7% in the third quarter. LPL Financial LLC now owns 1,121,915 shares of the company’s stock valued at $72,767,000 after purchasing an additional 108,439 shares during the period. Townsquare Capital LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 2.1% in the third quarter. Townsquare Capital LLC now owns 729,680 shares of the company’s stock valued at $47,327,000 after purchasing an additional 14,816 shares during the period. TIAA Trust National Association grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 14.3% in the fourth quarter. TIAA Trust National Association now owns 653,271 shares of the company’s stock valued at $47,937,000 after purchasing an additional 81,823 shares during the period. Finally, NorthRock Partners LLC lifted its position in SPDR S&P 400 Mid Cap Value ETF by 1.4% during the third quarter. NorthRock Partners LLC now owns 630,470 shares of the company’s stock valued at $40,892,000 after buying an additional 8,678 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV stock traded down $0.37 during midday trading on Thursday, reaching $72.04. 1,003,274 shares of the company’s stock traded hands, compared to its average volume of 287,711. The company has a market capitalization of $2.46 billion, a P/E ratio of 14.54 and a beta of 1.17. 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 business has a 50-day moving average price of $73.10 and a two-hundred day moving average price of $70.02.

About SPDR S&P 400 Mid Cap Value ETF

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.