Elevated Capital Advisors LLC Raises Stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Elevated Capital Advisors LLC grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 48.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,141 shares of the company’s stock after acquiring an additional 2,972 shares during the quarter. Elevated Capital Advisors LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $733,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in MDYV. Continuum Advisory LLC raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2,007.1% during the third quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock valued at $25,000 after acquiring an additional 281 shares during the last quarter. US Bancorp DE grew its stake in SPDR S&P 400 Mid Cap Value ETF by 26.5% in the third quarter. US Bancorp DE now owns 955 shares of the company’s stock worth $76,000 after purchasing an additional 200 shares during the period. DRW Securities LLC bought a new position in SPDR S&P 400 Mid Cap Value ETF in the third quarter worth $202,000. Etfidea LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at $209,000. Finally, Vance Wealth Inc. bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 3rd quarter valued at $211,000.

SPDR S&P 400 Mid Cap Value ETF Stock Up 1.1 %

Shares of NYSEARCA:MDYV traded up $0.89 during midday trading on Monday, reaching $80.20. The company’s stock had a trading volume of 111,229 shares, compared to its average volume of 173,104. The firm has a 50 day moving average of $82.99 and a 200-day moving average of $79.25. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $69.88 and a 12-month high of $87.81. The firm has a market capitalization of $2.69 billion, a P/E ratio of 14.55 and a beta of 1.11.

SPDR S&P 400 Mid Cap Value ETF Company 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.