Montz Harcus Wealth Management LLC Raises Position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Montz Harcus Wealth Management LLC lifted its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 204.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,525 shares of the company’s stock after purchasing an additional 28,552 shares during the period. SPDR S&P 400 Mid Cap Value ETF accounts for approximately 1.9% of Montz Harcus Wealth Management LLC’s holdings, making the stock its 14th largest position. Montz Harcus Wealth Management LLC owned about 0.13% of SPDR S&P 400 Mid Cap Value ETF worth $3,411,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Park Avenue Securities LLC increased 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 buying an additional 1,292 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in 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 acquiring an additional 410 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake 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 worth $3,177,000 after acquiring an additional 134 shares during the period. Bill Few Associates Inc. lifted its holdings 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 purchasing an additional 2,577 shares in the last quarter. Finally, Michael S. Ryan Inc. boosted its position in shares of SPDR S&P 400 Mid Cap Value ETF by 1.6% in the third quarter. Michael S. Ryan Inc. now owns 153,679 shares of the company’s stock worth $12,211,000 after purchasing an additional 2,438 shares during the period.

SPDR S&P 400 Mid Cap Value ETF Price Performance

Shares of MDYV stock opened at $82.19 on Wednesday. The company has a market capitalization of $2.76 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. The company’s fifty day moving average price is $82.36 and its 200-day moving average price is $80.50. SPDR S&P 400 Mid Cap Value ETF has a one year low of $69.93 and a one year high of $87.81.

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.