FAS Wealth Partners Inc. Has $50.01 Million Stake in SPDR S&P 400 Mid Cap Value ETF $MDYV

FAS Wealth Partners Inc. raised its holdings in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 1.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 599,515 shares of the company’s stock after buying an additional 10,969 shares during the period. SPDR S&P 400 Mid Cap Value ETF comprises approximately 3.4% of FAS Wealth Partners Inc.’s portfolio, making the stock its 5th largest position. FAS Wealth Partners Inc. owned about 2.09% of SPDR S&P 400 Mid Cap Value ETF worth $50,006,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Occidental Asset Management LLC lifted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 4.4% in the 3rd quarter. Occidental Asset Management LLC now owns 35,288 shares of the company’s stock valued at $2,943,000 after acquiring an additional 1,475 shares during the last quarter. QRG Capital Management Inc. purchased a new position in SPDR S&P 400 Mid Cap Value ETF in the 3rd quarter worth approximately $494,000. Silverlake Wealth Management LLC increased its stake in SPDR S&P 400 Mid Cap Value ETF by 2.7% in the 3rd quarter. Silverlake Wealth Management LLC now owns 6,851 shares of the company’s stock worth $571,000 after purchasing an additional 181 shares during the period. WealthPLAN Partners LLC lifted its position in SPDR S&P 400 Mid Cap Value ETF by 2.5% in the third quarter. WealthPLAN Partners LLC now owns 5,908 shares of the company’s stock valued at $493,000 after purchasing an additional 146 shares during the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at approximately $480,000.

SPDR S&P 400 Mid Cap Value ETF Stock Performance

Shares of SPDR S&P 400 Mid Cap Value ETF stock opened at $89.31 on Friday. SPDR S&P 400 Mid Cap Value ETF has a 52-week low of $65.86 and a 52-week high of $89.83. The company’s 50 day moving average price is $85.18 and its 200-day moving average price is $83.48. The stock has a market capitalization of $2.59 billion, a price-to-earnings ratio of 15.85 and a beta of 1.05.

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. 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.