MONECO Advisors LLC Raises Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

MONECO Advisors LLC lifted its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 57.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,200 shares of the company’s stock after purchasing an additional 7,728 shares during the period. MONECO Advisors LLC owned 0.06% of SPDR S&P 400 Mid Cap Value ETF worth $1,700,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of MDYV. Strategic Financial Concepts LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 7,913.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 474,303 shares of the company’s stock worth $38,039,000 after purchasing an additional 468,384 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 7.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,357,586 shares of the company’s stock worth $505,174,000 after buying an additional 450,824 shares during the period. Benjamin Edwards Inc. boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 2,202.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 470,855 shares of the company’s stock worth $37,414,000 after buying an additional 450,409 shares during the period. Foundations Investment Advisors LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF in the 4th quarter worth approximately $11,287,000. Finally, Stratos Wealth Partners LTD. boosted its holdings in SPDR S&P 400 Mid Cap Value ETF by 403.6% in the 4th quarter. Stratos Wealth Partners LTD. now owns 55,228 shares of the company’s stock worth $4,429,000 after buying an additional 44,262 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Trading Down 1.9 %

MDYV opened at $80.70 on Friday. The company has a 50 day moving average of $81.83 and a 200 day moving average of $80.84. The company has a market cap of $2.56 billion, a PE ratio of 18.12 and a beta of 1.17. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $70.14 and a 12 month high of $87.81.

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.