SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Holdings Boosted by Bank of New York Mellon Corp

Bank of New York Mellon Corp raised its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 66.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,318 shares of the company’s stock after acquiring an additional 2,129 shares during the period. Bank of New York Mellon Corp’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $427,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Park Avenue Securities LLC lifted its position in SPDR S&P 400 Mid Cap Value ETF by 12.2% in the fourth 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. raised its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 2.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,758 shares of the company’s stock worth $1,173,000 after buying an additional 410 shares in the last quarter. Atria Wealth Solutions Inc. lifted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 5.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 5,695 shares of the company’s stock valued at $457,000 after buying an additional 283 shares during the period. Integrated Wealth Concepts LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 0.3% during the third quarter. Integrated Wealth Concepts LLC now owns 39,985 shares of the company’s stock valued at $3,177,000 after buying an additional 134 shares in the last quarter. Finally, Bill Few Associates Inc. boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 30.2% during the fourth quarter. Bill Few Associates Inc. now owns 11,109 shares of the company’s stock valued at $891,000 after buying an additional 2,577 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV stock opened at $76.70 on Friday. The company’s 50 day simple moving average is $80.59 and its 200-day simple moving average is $81.11. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $70.15 and a 52-week high of $87.81. The firm has a market capitalization of $2.38 billion, a P/E ratio of 16.80 and a beta of 1.17.

SPDR S&P 400 Mid Cap Value ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were issued a dividend of $0.2455 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.