SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Sees Large Volume Increase – What’s Next?

by · The Cerbat Gem

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV – Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 654,069 shares were traded during mid-day trading, an increase of 262% from the previous session’s volume of 180,831 shares.The stock last traded at $80.46 and had previously closed at $80.51.

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

The stock has a market capitalization of $2.70 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. The company has a fifty day moving average of $78.69 and a two-hundred day moving average of $75.65.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 12.8% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 5,906,762 shares of the company’s stock valued at $430,839,000 after purchasing an additional 669,534 shares during the period. Strategic Financial Concepts LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 7,775.1% in the second quarter. Strategic Financial Concepts LLC now owns 469,671 shares of the company’s stock valued at $34,258,000 after acquiring an additional 463,707 shares during the period. Kestra Advisory Services LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 242.0% in the first quarter. Kestra Advisory Services LLC now owns 529,356 shares of the company’s stock valued at $40,231,000 after acquiring an additional 374,595 shares during the period. Canandaigua National Bank & Trust Co. bought a new stake in SPDR S&P 400 Mid Cap Value ETF in the second quarter valued at $25,972,000. Finally, Tradewinds Capital Management LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 10,210.4% in the first quarter. Tradewinds Capital Management LLC now owns 220,951 shares of the company’s stock valued at $16,792,000 after acquiring an additional 218,808 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Company Profile

(Get Free Report)

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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