SFG Wealth Management LLC. Invests $965,000 in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

SFG Wealth Management LLC. purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the first quarter, Holdings Channel reports. The institutional investor purchased 12,526 shares of the company’s stock, valued at approximately $965,000.

Several other institutional investors and hedge funds also recently bought and sold shares of MDYV. Good Life Advisors LLC raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 1.4% during the 1st quarter. Good Life Advisors LLC now owns 10,448 shares of the company’s stock valued at $805,000 after acquiring an additional 143 shares during the period. Courier Capital LLC lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 0.7% during the 1st quarter. Courier Capital LLC now owns 22,717 shares of the company’s stock worth $1,750,000 after purchasing an additional 151 shares in the last quarter. Friday Financial lifted its holdings in SPDR S&P 400 Mid Cap Value ETF by 3.5% during the 1st quarter. Friday Financial now owns 4,922 shares of the company’s stock worth $385,000 after purchasing an additional 166 shares in the last quarter. Everhart Financial Group Inc. boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 2.4% in the 1st quarter. Everhart Financial Group Inc. now owns 7,441 shares of the company’s stock worth $573,000 after purchasing an additional 175 shares during the period. Finally, Garden State Investment Advisory Services LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 0.4% during the 4th quarter. Garden State Investment Advisory Services LLC now owns 58,118 shares of the company’s stock valued at $4,674,000 after buying an additional 254 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.9%

Shares of MDYV opened at $78.42 on Thursday. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $65.86 and a twelve month high of $87.81. The stock has a market cap of $2.36 billion, a PE ratio of 15.96 and a beta of 1.05. The business’s 50-day moving average price is $76.46 and its 200-day moving average price is $78.43.

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.