Avantax Planning Partners Inc. lifted its stake in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV – Free Report) by 2.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 918,268 shares of the company’s stock after buying an additional 24,826 shares during the period. SPDR S&P 400 Mid Cap Value ETF makes up about 2.1% of Avantax Planning Partners Inc.’s portfolio, making the stock its 13th largest position. Avantax Planning Partners Inc.’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $78,191,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of the business. US Bancorp DE lifted its stake in SPDR S&P 400 Mid Cap Value ETF by 23.9% in the third quarter. US Bancorp DE now owns 643 shares of the company’s stock valued at $54,000 after purchasing an additional 124 shares during the last quarter. Miller Capital Partners Inc. bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the fourth quarter valued at approximately $65,000. CoreCap Advisors LLC increased its stake in SPDR S&P 400 Mid Cap Value ETF by 39.4% in the fourth quarter. CoreCap Advisors LLC now owns 852 shares of the company’s stock valued at $72,000 after acquiring an additional 241 shares during the last quarter. Tucker Asset Management LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 160.6% during the fourth quarter. Tucker Asset Management LLC now owns 1,058 shares of the company’s stock valued at $90,000 after acquiring an additional 652 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its position in SPDR S&P 400 Mid Cap Value ETF by 47.2% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,120 shares of the company’s stock valued at $95,000 after buying an additional 359 shares during the period.
SPDR S&P 400 Mid Cap Value ETF Price Performance
Shares of MDYV stock opened at $94.09 on Tuesday. The business has a 50-day moving average of $92.27 and a 200 day moving average of $89.67. SPDR S&P 400 Mid Cap Value ETF has a 1-year low of $78.19 and a 1-year high of $95.34. The stock has a market capitalization of $2.72 billion, a PE ratio of 15.85 and a beta of 0.96.
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. 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.
Further Reading
- Five stocks we like better than SPDR S&P 400 Mid Cap Value ETF
- The SK Hynix IPO and 2027’s AI Memory Squeeze
- Meta Platforms Stock Rises as Muse Spark 1.1 AI Model Debuts
- Why Welltower’s Growth Story Might Outrun Its Rich Valuation
- One Short- and One Long-Term ETF for Quantum Computing Bulls
Want to see what other hedge funds are holding MDYV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV – Free Report).
Receive News & Ratings for SPDR S&P 400 Mid Cap Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 400 Mid Cap Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
