Foundations Investment Advisors LLC Invests $11.29 Million in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Foundations Investment Advisors LLC bought a new position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 140,733 shares of the company’s stock, valued at approximately $11,287,000. Foundations Investment Advisors LLC owned approximately 0.42% of SPDR S&P 400 Mid Cap Value ETF at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in MDYV. Park Avenue Securities LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 12.2% in the 4th quarter. Park Avenue Securities LLC now owns 11,920 shares of the company’s stock worth $956,000 after purchasing an additional 1,292 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,758 shares of the company’s stock worth $1,173,000 after acquiring an additional 410 shares during the last quarter. Waller Financial Planning Group Inc. raised its position in SPDR S&P 400 Mid Cap Value ETF by 5.3% during the 3rd quarter. Waller Financial Planning Group Inc. now owns 68,870 shares of the company’s stock valued at $5,472,000 after purchasing an additional 3,477 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in SPDR S&P 400 Mid Cap Value ETF by 0.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 39,985 shares of the company’s stock valued at $3,177,000 after purchasing an additional 134 shares in the last quarter. Finally, Bill Few Associates Inc. raised its position in SPDR S&P 400 Mid Cap Value ETF by 30.2% during the 4th quarter. Bill Few Associates Inc. now owns 11,109 shares of the company’s stock valued at $891,000 after purchasing an additional 2,577 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV opened at $83.83 on Monday. The business’s 50-day moving average is $82.87 and its two-hundred day moving average is $79.98. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $69.93 and a 1 year high of $87.81. The firm has a market capitalization of $2.82 billion, a PE ratio of 14.55 and a beta of 1.11.

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.