Beacon Financial Advisory LLC Makes New $485,000 Investment in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Beacon Financial Advisory LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 6,049 shares of the company’s stock, valued at approximately $485,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 7.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 6,357,586 shares of the company’s stock worth $505,174,000 after purchasing an additional 450,824 shares during the last quarter. Lutz Financial Services LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2.2% in the third quarter. Lutz Financial Services LLC now owns 690,992 shares of the company’s stock valued at $54,906,000 after buying an additional 14,917 shares during the period. Benjamin Edwards Inc. increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2,202.9% in the third quarter. Benjamin Edwards Inc. now owns 470,855 shares of the company’s stock valued at $37,414,000 after buying an additional 450,409 shares during the period. Canandaigua National Bank & Trust Co. raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1.6% during the fourth quarter. Canandaigua National Bank & Trust Co. now owns 381,010 shares of the company’s stock worth $30,557,000 after acquiring an additional 6,094 shares during the last quarter. Finally, First National Trust Co lifted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 6.1% in the third quarter. First National Trust Co now owns 346,222 shares of the company’s stock worth $27,511,000 after acquiring an additional 19,766 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

NYSEARCA:MDYV opened at $83.22 on Friday. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $69.93 and a fifty-two week high of $87.81. The company has a 50 day simple moving average of $82.60 and a two-hundred day simple moving average of $80.35. The company has a market capitalization of $2.80 billion, a PE 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.