Occidental Asset Management LLC Grows Position in SPDR S&P 400 Mid Cap Value ETF $MDYV

Occidental Asset Management LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 5.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 33,813 shares of the company’s stock after buying an additional 1,881 shares during the quarter. Occidental Asset Management LLC owned approximately 0.11% of SPDR S&P 400 Mid Cap Value ETF worth $2,686,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE raised its position in SPDR S&P 400 Mid Cap Value ETF by 4.6% in the 4th quarter. Bank of America Corp DE now owns 68,187 shares of the company’s stock valued at $5,469,000 after buying an additional 3,002 shares during the last quarter. Belpointe Asset Management LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF in the 1st quarter valued at $541,000. Kestra Private Wealth Services LLC purchased a new stake in SPDR S&P 400 Mid Cap Value ETF in the 1st quarter valued at $205,000. Envestnet Asset Management Inc. increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 39.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 329,148 shares of the company’s stock valued at $25,361,000 after purchasing an additional 93,604 shares during the last quarter. Finally, Florida Financial Advisors LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 64.6% during the 1st quarter. Florida Financial Advisors LLC now owns 23,576 shares of the company’s stock valued at $1,746,000 after purchasing an additional 9,251 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of SPDR S&P 400 Mid Cap Value ETF stock opened at $83.43 on Tuesday. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $65.86 and a 1 year high of $87.81. The firm has a market cap of $2.47 billion, a PE ratio of 15.85 and a beta of 1.17. The stock has a fifty day moving average price of $82.36 and a 200-day moving average price of $78.59.

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.