Good Life Advisors LLC Takes Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Good Life Advisors LLC acquired a new position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 15,265 shares of the company’s stock, valued at approximately $1,120,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. raised its stake in SPDR S&P 400 Mid Cap Value ETF by 18.0% during the third quarter. Financial Engines Advisors L.L.C. now owns 1,723,490 shares of the company’s stock worth $111,786,000 after purchasing an additional 263,227 shares during the period. LPL Financial LLC grew its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 10.7% in the 3rd quarter. LPL Financial LLC now owns 1,121,915 shares of the company’s stock worth $72,767,000 after purchasing an additional 108,439 shares during the last quarter. Townsquare Capital LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2.1% in the third quarter. Townsquare Capital LLC now owns 729,680 shares of the company’s stock worth $47,327,000 after acquiring an additional 14,816 shares in the last quarter. NorthRock Partners LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 1.4% during the third quarter. NorthRock Partners LLC now owns 630,470 shares of the company’s stock worth $40,892,000 after purchasing an additional 8,678 shares during the period. Finally, Lutz Financial Services LLC lifted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2.4% in the third quarter. Lutz Financial Services LLC now owns 607,312 shares of the company’s stock worth $39,390,000 after buying an additional 13,968 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV stock traded up $0.37 on Thursday, reaching $76.00. 83,846 shares of the company were exchanged, compared to its average volume of 322,977. 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 stock’s fifty day moving average price is $72.37 and its 200 day moving average price is $68.84. The firm has a market capitalization of $2.49 billion, a PE ratio of 10.10 and a beta of 1.17.

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.