MidFirst Bank Makes New Investment in SPDR S&P 400 Mid Cap Value ETF $MDYV

MidFirst Bank bought a new stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,255 shares of the company’s stock, valued at approximately $1,207,000. MidFirst Bank owned about 0.05% of SPDR S&P 400 Mid Cap Value ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of MDYV. AE Wealth Management LLC raised its stake in SPDR S&P 400 Mid Cap Value ETF by 29.8% in the 4th quarter. AE Wealth Management LLC now owns 858,798 shares of the company’s stock valued at $72,697,000 after acquiring an additional 197,095 shares during the period. WCG Wealth Advisors LLC boosted its position in SPDR S&P 400 Mid Cap Value ETF by 187.5% during the fourth quarter. WCG Wealth Advisors LLC now owns 240,820 shares of the company’s stock worth $20,386,000 after purchasing an additional 157,062 shares during the period. MML Investors Services LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 86.7% in the second quarter. MML Investors Services LLC now owns 152,886 shares of the company’s stock worth $12,144,000 after purchasing an additional 70,997 shares in the last quarter. Avantax Planning Partners Inc. increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 7.1% in the fourth quarter. Avantax Planning Partners Inc. now owns 893,442 shares of the company’s stock worth $75,630,000 after purchasing an additional 59,114 shares in the last quarter. Finally, CWM LLC raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 40.5% in the fourth quarter. CWM LLC now owns 201,385 shares of the company’s stock valued at $17,047,000 after purchasing an additional 58,082 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of MDYV stock opened at $93.46 on Friday. The stock has a market capitalization of $2.65 billion, a price-to-earnings ratio of 15.85 and a beta of 0.96. The company’s fifty day simple moving average is $91.08 and its two-hundred day simple moving average is $88.70. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $77.15 and a 1 year high of $95.34.

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.