SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Short Interest Update

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 100,307 shares, an increase of 184.0% from the August 31st total of 35,320 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 72,568 shares, the days-to-cover ratio is presently 1.4 days.

Hedge Funds Weigh In On SPDR S&P 400 Mid Cap Value ETF

Large investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 0.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 44,305 shares of the company’s stock valued at $3,773,000 after purchasing an additional 117 shares during the period. PNC Financial Services Group Inc. raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 8.9% in the first quarter. PNC Financial Services Group Inc. now owns 1,899 shares of the company’s stock valued at $162,000 after buying an additional 155 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 16.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,260 shares of the company’s stock valued at $107,000 after buying an additional 175 shares during the period. Insight Advisors LLC PA boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2.6% in the fourth quarter. Insight Advisors LLC PA now owns 6,883 shares of the company’s stock valued at $583,000 after buying an additional 176 shares during the period. Finally, Measured Wealth Private Client Group LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 4.9% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 4,183 shares of the company’s stock worth $354,000 after buying an additional 197 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

SPDR S&P 400 Mid Cap Value ETF stock traded up $0.48 during mid-day trading on Friday, hitting $90.29. 69,213 shares of the company’s stock traded hands, compared to its average volume of 84,304. The stock has a market cap of $2.71 billion, a price-to-earnings ratio of 15.85 and a beta of 0.96. The firm has a 50 day simple moving average of $94.49 and a two-hundred day simple moving average of $91.73. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $79.64 and a fifty-two week high of $97.58.

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. 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.