HighTower Advisors LLC Boosts Stock Position in SPDR S&P 400 Mid Cap Value ETF $MDYV

HighTower Advisors LLC lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 15.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 313,909 shares of the company’s stock after purchasing an additional 43,115 shares during the period. HighTower Advisors LLC owned 1.10% of SPDR S&P 400 Mid Cap Value ETF worth $26,572,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. US Bancorp DE boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 23.9% during the third quarter. US Bancorp DE now owns 643 shares of the company’s stock worth $54,000 after purchasing an additional 124 shares during the period. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 0.8% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 15,879 shares of the company’s stock worth $1,324,000 after purchasing an additional 133 shares during the period. Norden Group LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 2.5% during the fourth quarter. Norden Group LLC now owns 5,593 shares of the company’s stock worth $473,000 after purchasing an additional 136 shares during the period. LexAurum Advisors LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 1.4% during the third quarter. LexAurum Advisors LLC now owns 10,507 shares of the company’s stock worth $876,000 after purchasing an additional 143 shares during the period. Finally, Intrua Financial LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 0.5% during the fourth quarter. Intrua Financial LLC now owns 27,630 shares of the company’s stock worth $2,339,000 after purchasing an additional 147 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.8%

SPDR S&P 400 Mid Cap Value ETF stock opened at $90.64 on Friday. The firm has a 50-day moving average of $88.06 and a 200-day moving average of $87.29. The firm has a market cap of $2.57 billion, a P/E ratio of 15.85 and a beta of 0.98. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $75.52 and a 1-year high of $93.10.

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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ CapitalMarket with market capitalizations between $850 million and $3.8 billion.