SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Short Interest Update

SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) saw a large growth in short interest in December. As of December 15th, there was short interest totaling 112,460 shares, a growth of 86.1% from the November 30th total of 60,441 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 84,957 shares, the days-to-cover ratio is currently 1.3 days. Based on an average daily volume of 84,957 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.4% of the company’s stock are short sold.

SPDR S&P 400 Mid Cap Value ETF Stock Down 0.4%

SPDR S&P 400 Mid Cap Value ETF stock opened at $85.71 on Tuesday. SPDR S&P 400 Mid Cap Value ETF has a 52 week low of $65.86 and a 52 week high of $87.49. The company’s 50 day moving average price is $83.89 and its two-hundred day moving average price is $82.66. The stock has a market cap of $2.45 billion, a P/E ratio of 15.85 and a beta of 1.05.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Belpointe Asset Management LLC bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the first quarter valued at $541,000. AE Wealth Management LLC increased its stake in SPDR S&P 400 Mid Cap Value ETF by 2.0% in the 2nd quarter. AE Wealth Management LLC now owns 569,021 shares of the company’s stock worth $45,197,000 after acquiring an additional 10,978 shares during the last quarter. Balanced Wealth Group LLC raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 7.5% in the 2nd quarter. Balanced Wealth Group LLC now owns 152,171 shares of the company’s stock valued at $12,212,000 after acquiring an additional 10,619 shares in the last quarter. Bill Few Associates Inc. boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 153.7% during the 2nd quarter. Bill Few Associates Inc. now owns 29,109 shares of the company’s stock valued at $2,312,000 after acquiring an additional 17,636 shares during the last quarter. Finally, Titleist Asset Management LLC bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 2nd quarter valued at about $4,555,000.

About SPDR S&P 400 Mid Cap Value ETF

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.