Montz Harcus Wealth Management LLC Acquires 1,522 Shares of SPDR S&P 400 Mid Cap Value ETF $MDYV

Montz Harcus Wealth Management LLC grew its holdings in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 3.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,874 shares of the company’s stock after purchasing an additional 1,522 shares during the period. SPDR S&P 400 Mid Cap Value ETF comprises about 1.8% of Montz Harcus Wealth Management LLC’s investment portfolio, making the stock its 15th biggest holding. Montz Harcus Wealth Management LLC owned 0.15% of SPDR S&P 400 Mid Cap Value ETF worth $3,644,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Versant Capital Management Inc bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the 1st quarter worth $26,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the 1st quarter worth $38,000. Compass Financial Services Inc bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF in the 1st quarter worth $63,000. Tower View Wealth Management LLC increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 542.4% in the 1st quarter. Tower View Wealth Management LLC now owns 970 shares of the company’s stock worth $75,000 after purchasing an additional 819 shares in the last quarter. Finally, Nova Wealth Management Inc. increased its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 488.7% in the 2nd quarter. Nova Wealth Management Inc. now owns 989 shares of the company’s stock worth $79,000 after purchasing an additional 821 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Trading Up 0.5%

SPDR S&P 400 Mid Cap Value ETF stock opened at $84.32 on Friday. The firm has a market cap of $2.47 billion, a price-to-earnings ratio of 15.85 and a beta of 1.17. The stock has a fifty day simple moving average of $82.70 and a two-hundred day simple moving average of $78.97. SPDR S&P 400 Mid Cap Value ETF has a 12 month low of $65.86 and a 12 month high of $87.81.

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.