Confluence Investment Management LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 280,761 shares of the company’s stock, valued at approximately $9,900,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Financial Engines Advisors L.L.C. raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 4.0% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 11,156,557 shares of the company’s stock worth $636,813,000 after acquiring an additional 428,955 shares during the period. Klingman & Associates LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 5,226.0% during the first quarter. Klingman & Associates LLC now owns 303,581 shares of the company’s stock worth $10,704,000 after purchasing an additional 297,881 shares in the last quarter. NorthRock Partners LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 140.9% during the fourth quarter. NorthRock Partners LLC now owns 486,560 shares of the company’s stock worth $26,654,000 after purchasing an additional 284,598 shares in the last quarter. Advisor Group Holdings Inc. purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the first quarter worth about $7,967,000. Finally, Townsquare Capital LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 26.1% during the first quarter. Townsquare Capital LLC now owns 621,200 shares of the company’s stock worth $24,097,000 after purchasing an additional 128,426 shares in the last quarter.

Shares of MDYV stock traded down $0.96 on Friday, reaching $40.98. 4,768 shares of the company were exchanged, compared to its average volume of 517,027. The business has a 50-day moving average price of $42.04 and a 200 day moving average price of $45.84. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $28.90 and a 1 year high of $55.58.

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.

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Institutional Ownership by Quarter for SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

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