Sterling Financial Planning Inc. Acquires 2,342 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Sterling Financial Planning Inc. boosted its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 51.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,924 shares of the company’s stock after acquiring an additional 2,342 shares during the quarter. Sterling Financial Planning Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $508,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. HF Advisory Group LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 10.3% during the fourth quarter. HF Advisory Group LLC now owns 8,724 shares of the company’s stock worth $640,000 after buying an additional 812 shares during the last quarter. Avior Wealth Management LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 8.8% during the fourth quarter. Avior Wealth Management LLC now owns 153,367 shares of the company’s stock worth $11,254,000 after buying an additional 12,351 shares during the last quarter. Klingman & Associates LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 0.4% during the fourth quarter. Klingman & Associates LLC now owns 349,449 shares of the company’s stock worth $25,643,000 after buying an additional 1,549 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 3.8% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 62,569 shares of the company’s stock worth $4,591,000 after buying an additional 2,274 shares during the last quarter. Finally, GHP Investment Advisors Inc. grew its stake in SPDR S&P 400 Mid Cap Value ETF by 2.1% during the fourth quarter. GHP Investment Advisors Inc. now owns 262,321 shares of the company’s stock worth $19,249,000 after buying an additional 5,394 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

SPDR S&P 400 Mid Cap Value ETF stock traded up $0.11 during trading hours on Thursday, hitting $70.45. 125,655 shares of the stock were exchanged, compared to its average volume of 287,238. The stock has a market capitalization of $2.41 billion, a P/E ratio of 14.54 and a beta of 1.17. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $59.67 and a 12 month high of $76.26. The business’s 50-day moving average is $73.10 and its two-hundred day moving average is $69.71.

SPDR S&P 400 Mid Cap Value ETF 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.