Kingsview Wealth Management LLC Raises Position in SPDR S&P 400 Mid Cap Value ETF $MDYV

Kingsview Wealth Management LLC raised its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 120.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 32,175 shares of the company’s stock after acquiring an additional 17,547 shares during the quarter. Kingsview Wealth Management LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $2,724,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Caitlin John LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter valued at approximately $28,000. US Bancorp DE grew its stake 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 in the last quarter. CoreCap Advisors LLC grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 39.4% during the fourth quarter. CoreCap Advisors LLC now owns 852 shares of the company’s stock worth $72,000 after purchasing an additional 241 shares in the last quarter. Ameriflex Group Inc. grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 5,337.5% during the third quarter. Ameriflex Group Inc. now owns 870 shares of the company’s stock worth $73,000 after purchasing an additional 854 shares in the last quarter. Finally, Tucker Asset Management LLC increased its holdings in SPDR S&P 400 Mid Cap Value ETF by 160.6% in the fourth quarter. Tucker Asset Management LLC now owns 1,058 shares of the company’s stock valued at $90,000 after buying an additional 652 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

SPDR S&P 400 Mid Cap Value ETF stock opened at $91.48 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $75.85 and a 1-year high of $93.10. The stock has a market cap of $2.59 billion, a PE ratio of 15.85 and a beta of 0.98. The stock’s fifty day moving average is $88.75 and its two-hundred day moving average is $87.62.

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. 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.