Mach 1 Financial Group LLC Acquires Shares of 19,036 SPDR S&P 400 Mid Cap Value ETF $MDYV

Mach 1 Financial Group LLC acquired a new stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 19,036 shares of the company’s stock, valued at approximately $1,611,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. IFP Advisors Inc grew its stake in SPDR S&P 400 Mid Cap Value ETF by 32.9% in the fourth quarter. IFP Advisors Inc now owns 6,785 shares of the company’s stock valued at $574,000 after acquiring an additional 1,679 shares during the period. Cullen Frost Bankers Inc. acquired a new stake in SPDR S&P 400 Mid Cap Value ETF in the fourth quarter valued at approximately $1,016,000. Creative Financial Designs Inc. ADV grew its stake in SPDR S&P 400 Mid Cap Value ETF by 47.2% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,120 shares of the company’s stock valued at $95,000 after acquiring an additional 359 shares during the period. HighTower Advisors LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 15.9% in the fourth quarter. HighTower Advisors LLC now owns 313,909 shares of the company’s stock valued at $26,572,000 after acquiring an additional 43,115 shares during the period. Finally, Lutz Financial Services LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 7.9% in the fourth quarter. Lutz Financial Services LLC now owns 783,438 shares of the company’s stock valued at $66,318,000 after acquiring an additional 57,250 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Stock Up 1.9%

MDYV stock opened at $89.92 on Thursday. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $75.52 and a twelve month high of $93.10. The stock’s 50 day moving average is $87.88 and its 200-day moving average is $87.22. The firm has a market capitalization of $2.55 billion, a PE ratio of 15.85 and a beta of 0.98.

SPDR S&P 400 Mid Cap Value ETF Company 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. The selection universe for the S&P MidCap 400 Index includes all the United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ CapitalMarket with market capitalizations between $850 million and $3.8 billion.