Avior Wealth Management LLC Raises Stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Avior Wealth Management LLC raised its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 2.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 201,871 shares of the company’s stock after purchasing an additional 4,402 shares during the period. Avior Wealth Management LLC owned 0.60% of SPDR S&P 400 Mid Cap Value ETF worth $16,041,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Evermay Wealth Management LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 1st quarter worth about $35,000. PSI Advisors LLC raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 35.5% during the second quarter. PSI Advisors LLC now owns 584 shares of the company’s stock worth $43,000 after purchasing an additional 153 shares in the last quarter. US Bancorp DE lifted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 26.5% during the 3rd quarter. US Bancorp DE now owns 955 shares of the company’s stock worth $76,000 after buying an additional 200 shares during the last quarter. Gradient Investments LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 1,259.7% in the 2nd quarter. Gradient Investments LLC now owns 1,047 shares of the company’s stock valued at $76,000 after buying an additional 970 shares in the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 2nd quarter valued at $80,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of MDYV stock opened at $82.85 on Tuesday. The stock’s 50-day moving average is $80.16 and its two-hundred day moving average is $76.79. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $65.81 and a 1 year high of $85.67. The firm has a market cap of $2.78 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11.

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.