SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Sets New 12-Month High at $80.09

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $80.09 and last traded at $80.04, with a volume of 9456 shares traded. The stock had previously closed at $79.23.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.1 %

The firm has a market cap of $2.66 billion, a P/E ratio of 14.55 and a beta of 1.11. The company’s 50 day simple moving average is $76.91 and its 200-day simple moving average is $74.76.

Hedge Funds Weigh In On SPDR S&P 400 Mid Cap Value ETF

Large investors have recently bought and sold shares of the business. GoalVest Advisory LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the first quarter worth $28,000. Scarborough Advisors LLC purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the fourth quarter worth $35,000. Richardson Financial Services Inc. purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the fourth quarter worth $35,000. Evermay Wealth Management LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the first quarter valued at $35,000. Finally, PSI Advisors LLC grew its holdings in shares of 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 valued at $43,000 after buying an additional 153 shares during the last quarter.

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.