Sachetta LLC Makes New Investment in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Sachetta LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 1,998 shares of the company’s stock, valued at approximately $147,000.

Several other large investors also recently bought and sold shares of the company. Wells Fargo & Company MN grew its holdings in SPDR S&P 400 Mid Cap Value ETF by 0.7% in the fourth quarter. Wells Fargo & Company MN now owns 315,746 shares of the company’s stock valued at $23,169,000 after purchasing an additional 2,284 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 3.2% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 63,475 shares of the company’s stock valued at $4,658,000 after acquiring an additional 1,983 shares during the last quarter. Brown Advisory Inc. boosted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 4.5% during the fourth quarter. Brown Advisory Inc. now owns 4,527 shares of the company’s stock valued at $332,000 after acquiring an additional 195 shares during the last quarter. German American Bancorp Inc. acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the fourth quarter valued at $207,000. Finally, SigFig Wealth Management LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the fourth quarter valued at $3,189,000.

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

Shares of MDYV traded down $0.10 during trading hours on Tuesday, reaching $75.38. 21,606 shares of the company traded hands, compared to its average volume of 257,416. The stock has a market capitalization of $2.53 billion, a PE ratio of 14.55 and a beta of 1.11. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $59.67 and a fifty-two week high of $76.39. The stock has a fifty day simple moving average of $73.60 and a 200 day simple moving average of $71.54.

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.