SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) Stake Raised by WealthPLAN Partners LLC

WealthPLAN Partners LLC boosted its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 78.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,730 shares of the company’s stock after acquiring an additional 3,831 shares during the quarter. WealthPLAN Partners LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $637,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. GoalVest Advisory LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the first quarter worth approximately $28,000. Evermay Wealth Management LLC acquired a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 1st quarter valued at $35,000. Scarborough Advisors LLC purchased a new position in shares of SPDR S&P 400 Mid Cap Value ETF during the 4th quarter valued at $35,000. Richardson Financial Services Inc. purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the fourth quarter worth $35,000. Finally, PSI Advisors LLC boosted its position in SPDR S&P 400 Mid Cap Value ETF by 35.5% during the second quarter. PSI Advisors LLC now owns 584 shares of the company’s stock valued at $43,000 after purchasing an additional 153 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of MDYV stock opened at $78.47 on Wednesday. SPDR S&P 400 Mid Cap Value ETF has a fifty-two week low of $59.67 and a fifty-two week high of $79.68. The stock’s 50-day moving average is $76.44 and its two-hundred day moving average is $74.50. The firm has a market cap of $2.64 billion, a P/E 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.