21,175 Shares in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Acquired by Pinnacle Family Advisors LLC

Pinnacle Family Advisors LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,175 shares of the company’s stock, valued at approximately $1,683,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. PSI Advisors LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 35.5% in the 2nd quarter. PSI Advisors LLC now owns 584 shares of the company’s stock valued at $43,000 after purchasing an additional 153 shares during the last quarter. US Bancorp DE lifted its holdings 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 valued at $76,000 after buying an additional 200 shares during the period. Gradient Investments LLC boosted its position in SPDR S&P 400 Mid Cap Value ETF by 1,259.7% during the second quarter. Gradient Investments LLC now owns 1,047 shares of the company’s stock valued at $76,000 after acquiring an additional 970 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new stake in SPDR S&P 400 Mid Cap Value ETF during the 2nd quarter worth about $80,000. Finally, International Assets Investment Management LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF in the 2nd quarter worth about $180,000.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of NYSEARCA:MDYV opened at $85.82 on Wednesday. The business’s 50-day moving average is $81.86 and its 200-day moving average is $77.62. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $68.14 and a 1 year high of $87.81. The company has a market capitalization of $2.88 billion, a price-to-earnings 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.