First Pacific Financial Has $28.06 Million Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

First Pacific Financial trimmed its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 349,870 shares of the company’s stock after selling 8,903 shares during the quarter. SPDR S&P 400 Mid Cap Value ETF makes up about 6.5% of First Pacific Financial’s portfolio, making the stock its 4th biggest holding. First Pacific Financial’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $28,060,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of MDYV. Wealth Enhancement Advisory Services LLC lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 7.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,357,586 shares of the company’s stock valued at $505,174,000 after buying an additional 450,824 shares during the last quarter. Benjamin Edwards Inc. lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2,202.9% in the third quarter. Benjamin Edwards Inc. now owns 470,855 shares of the company’s stock valued at $37,414,000 after buying an additional 450,409 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1,491.5% in the second quarter. Mercer Global Advisors Inc. ADV now owns 202,503 shares of the company’s stock valued at $14,771,000 after buying an additional 189,779 shares during the last quarter. AE Wealth Management LLC lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 28.1% in the second quarter. AE Wealth Management LLC now owns 337,678 shares of the company’s stock valued at $24,630,000 after buying an additional 74,054 shares during the last quarter. Finally, Susquehanna International Group LLP lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 488.6% in the second quarter. Susquehanna International Group LLP now owns 52,738 shares of the company’s stock valued at $3,847,000 after buying an additional 43,778 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.7 %

NYSEARCA:MDYV opened at $82.74 on Friday. The stock has a market cap of $2.78 billion, a P/E ratio of 14.55 and a beta of 1.11. The stock has a 50 day simple moving average of $82.96 and a 200 day simple moving average of $79.38. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $69.88 and a 1-year high of $87.81.

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.