American Financial & Tax Strategies Inc. Increases Stake in SPDR S&P 400 Mid Cap Value ETF $MDYV

American Financial & Tax Strategies Inc. increased its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 1.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,092 shares of the company’s stock after buying an additional 244 shares during the period. American Financial & Tax Strategies Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $1,119,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in MDYV. Western Wealth Management LLC increased its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 73.7% during the first quarter. Western Wealth Management LLC now owns 4,629 shares of the company’s stock valued at $357,000 after buying an additional 1,964 shares during the period. Convergence Financial LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 0.8% in the first quarter. Convergence Financial LLC now owns 267,771 shares of the company’s stock valued at $20,632,000 after purchasing an additional 2,159 shares during the last quarter. Canandaigua National Trust Co of Florida grew its stake in SPDR S&P 400 Mid Cap Value ETF by 2.1% in the first quarter. Canandaigua National Trust Co of Florida now owns 51,684 shares of the company’s stock valued at $3,982,000 after purchasing an additional 1,056 shares during the last quarter. Canandaigua National Bank & Trust Co. grew its stake in SPDR S&P 400 Mid Cap Value ETF by 4.9% in the first quarter. Canandaigua National Bank & Trust Co. now owns 399,512 shares of the company’s stock valued at $30,782,000 after purchasing an additional 18,502 shares during the last quarter. Finally, Salomon & Ludwin LLC grew its stake in SPDR S&P 400 Mid Cap Value ETF by 16.0% in the first quarter. Salomon & Ludwin LLC now owns 15,967 shares of the company’s stock valued at $1,234,000 after purchasing an additional 2,207 shares during the last quarter.

SPDR S&P 400 Mid Cap Value ETF Price Performance

MDYV opened at $84.04 on Monday. The business’s 50-day moving average is $83.47 and its two-hundred day moving average is $79.88. SPDR S&P 400 Mid Cap Value ETF has a 1 year low of $65.86 and a 1 year high of $87.81. The firm has a market capitalization of $2.41 billion, a PE ratio of 15.85 and a beta of 1.17.

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.