Avantax Planning Partners Inc. Raises Stock Position in SPDR S&P 400 Mid Cap Value ETF $MDYV

Avantax Planning Partners Inc. increased its position in shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 76.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 834,328 shares of the company’s stock after acquiring an additional 361,398 shares during the period. SPDR S&P 400 Mid Cap Value ETF makes up about 2.0% of Avantax Planning Partners Inc.’s holdings, making the stock its 12th biggest position. Avantax Planning Partners Inc. owned 2.91% of SPDR S&P 400 Mid Cap Value ETF worth $69,591,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Glass Jacobson Investment Advisors llc grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 94.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 515 shares of the company’s stock valued at $43,000 after purchasing an additional 250 shares in the last quarter. Capital A Wealth Management LLC raised its position in shares of SPDR S&P 400 Mid Cap Value ETF by 921.3% in the second quarter. Capital A Wealth Management LLC now owns 623 shares of the company’s stock worth $46,000 after buying an additional 562 shares in the last quarter. Atwood & Palmer Inc. bought a new stake in SPDR S&P 400 Mid Cap Value ETF during the third quarter valued at $61,000. Smartleaf Asset Management LLC boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 62.1% during the second quarter. Smartleaf Asset Management LLC now owns 1,687 shares of the company’s stock valued at $134,000 after buying an additional 646 shares during the period. Finally, Steward Partners Investment Advisory LLC grew its position in SPDR S&P 400 Mid Cap Value ETF by 13.5% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,911 shares of the company’s stock worth $152,000 after buying an additional 227 shares in the last quarter.

SPDR S&P 400 Mid Cap Value ETF Stock Down 1.0%

Shares of NYSEARCA MDYV opened at $88.92 on Monday. The stock’s 50-day simple moving average is $85.83 and its two-hundred day simple moving average is $83.75. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $65.86 and a twelve month high of $90.61. The firm has a market capitalization of $2.58 billion, a P/E 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.